Food For Thought 1/30/2023

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Higher Income Means Lower Giving

The Russell Sage Foundation several years ago published the results of a survey. In the United States, families with a net income of less than $3,000 a year gave more than 60% of all the money donated to charity; families whose income was less than $5,000 donated 82% of the total; families with an income between $10,000 and $20,000 a year gave only 1.9% of their income!

According to an Internal Revenue Service analysis, Americans who itemize their deductions give less than 3% of their adjusted gross incomes to church and charity.

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About Roland Ledoux

Pastor of Oasis Bible Ministry, an outreach ministry of teaching, encouragement and intercessory prayer from the Holy Bible, the written Word of God and author of the ministry website, For The Love of God. He lives in Delta, Colorado with his beautiful wife of 50+ years and a beautiful yellow lab whom they affectionately call Bella.
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