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.
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Last year, total charitable giving amounted to $369 billion, an increase of 6.7% over 2011.