New Figures Released on Charity Deductions
August 9, 2001 | Read Time: 1 minute
Using statistics from the Internal Revenue Service, RIA — a tax information publisher — has calculated the average deductions for charitable contributions taken by taxpayers in 1999 in six tax brackets:
| Income | Average contribution 1999 |
| 0-$14,999 | $1,350 |
| $15,000-29,999 | $1,619 |
| $30,000-49,999 | $1,774 |
| $50,000-99,999 | $2,282 |
| $100,000-199,999 | $3,727 |
| $200,000 and over | $19,454 |
Average deductions ranged from $1,350 for taxpayers who earned less than $15,000 to $19,454 for those with incomes of $200,000 or more.
RIA, formerly known as the Research Institute of America, based its estimates on I.R.S. data that were published in the government’s Statistics of Income Bulletin for spring 2001 (The Chronicle, July 26).