Charitable giving in the U.S. will total $383 billion in 2013, up 3.9% from 2012, according to a new forecast.
The Atlas of Giving said in its latest report that year-to-date contributions through March amounted to $97 billion, an increase of 7.1% from March 2012.
It tempered this good news with the prospect of a steady decline, starting in the third quarter.
“Caution is advised in planning for charitable growth, especially if your fiscal year begins in the summer months,” the report said.
Last year, total charitable giving amounted to $369 billion, an increase of 6.7% over 2011.