Roughly 22 million fewer people claimed a tax benefit from their charitable giving in 2018 than in 2017, thanks primarily to the higher standard deduction threshold established under the Tax Cuts and Jobs Act of 2017. According to a study by Giving USA, inflation-adjusted individual charitable contributions decreased by 3.4% from 2017 to 2018.
![Homeward Bound lease signing](https://mountainx.com/wp-content/uploads/2019/11/Alexa-and-KR-Lease-Signing-330x248.jpg)