It’s time to help New Jersey! We're taking a break from NJ sports betting and taking a hard look states' philanthropic efforts across the U.S.
Ten years ago, Giving Tuesday was created to counteract the spending of shopping holidays – Black Friday and Cyber Monday – with an effort to give to charities in need, via individual contributions and philanthropic donations.
On Giving Tuesday (Nov. 29), hundreds of thousands of Americans will donate money to the charitable organization(s) of their choice. Many write their charitable contributions off as deductions during tax season, which allows us to see just how much Americans are giving, and from which states the most donations come.
Using this data, we can compare the ratio of the average charitable contribution to the average income in each state and use the ratio to determine which states have the most (or least) generous citizens.
Using historical data from the Internal Revenue Service, TopNJCasinos.com determined the average charitable contribution deduction (amount/number of contributions) and the average total income (amount / number of incomes reported) in each state in the 2019 tax year. Then, TopNJCasinos.com calculated how much of the average total income is donated to charity.
Each state was ranked from most generous (1) to least generous (50) based on that percentage.
The result? Well, brace yourself.
Garden State Has Serious Ground To Make Up
The Garden State may be too keyed in on New Jersey online casinos, as New Jersey finished last with the only single digit percentage at 9.2% of income directed toward charity.
The average charitable contribution ($8,735) was the third least generous amount, higher than only Rhode Island ($8,443) and Oregon ($8,232).
(Note, these numbers are significantly affected by the top tax bracket in each given state, meaning the typical New Jersey resident likely isn't donating that high of an amount in a given year).
The state’s average total income of $94,117 was the fourth highest in the nation, behind only the District of Columbia ($109,398), Massachusetts ($102,540), and Connecticut ($101,844).
A sampling of other states that surround New Jersey: New York ($15,936), Connecticut ($13,405), Pennsylvania ($11,465) and Delaware ($9,337).
U.S. States Charitable Contributions
Cream of the Crop
The top five states that are the most generous: Wyoming ($54,107 average charitable contribution), South Dakota ($28,542), North Dakota ($24,571), Arkansas ($22,671) and Utah ($20,492).
With the nation’s economy struggling as it is on a daily basis, this trend in New Jersey could continue.
Give what you can New Jerseyans, but maybe just dig a bit deeper?
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