KUSA - It's the holiday season, and everyone knows it's better to give than to receive.
The Colorado Nonprofit Association released a Understanding Giving report which analyzed how Coloradans stack up when it comes to charitable contributions.
The latest data from tax returns indicates taxpayers throughout the state deducted a total of $3.3 billion in charitable contributions on their tax returns with the median contribution hovering around $3,000: http://bit.ly/1NI9ycG.
On the Colorado Nonprofit Association survey, 21 percent reported giving between $1,000 and $9,999 annually, with the largest contributions were between $101 to $500.
Coloradans most often give to organizations providing basic needs to people, such as homeless shelters, food banks and clothing collectors: http://bit.ly/1RGuToE. Religious organizations are in second place for charitable giving while the lowest giving priorities are arts and cultural organizations as well as environmental causes.
The report also showed 56 percent of donors made a charitable contribution to a specific charity when asked by a family member or friends: http://bit.ly/1QxSreC. The power of individual voices has a huge impact on fundraising across all generations, regardless of age.
Year-end charitable giving is important to many nonprofits, as most charities receive more than 40 percent of their annual contributions the last few weeks of the year. The more than 15,000 501c(3) nonprofit organizations in Colorado rely heavily on the generosity of Coloradans.
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