Of all non-cash contributions made, Stock Donations represented the largest category of noncash donations at $23.7 billion or 44.9 % of all non-cash contributions.
Over 450,824 stock donations were made to non-profits in one year! With such a large number of stock donations and such a large amount, each Non-profit should do more to accept stock donation. Stock Donator is the number one way to donate stock online. Apply for an organization account today!
Source: Internal Revenue Service, Statistics of Income Bulletin, Spring 2010
Non Cash Contributions
The recently published IRS Spring 2010 Statistics of Income Bulletin provides insight into noncash giving by donation type, donor age and income for tax year 2007. More than 6.9 million tax returns reported $52.8 billion in noncash charitable donations. Of the roughly 18.6 million noncash donations that were reported:
| Individual Noncash Charitable Contributions, 2007 | ||
|---|---|---|
| (Money amounts are in the thousands of dollars) | ||
| Type of Donation | Number of Donations | Amount |
| All donations | 18,599,215 | 52,827,286 |
| Corporate stock | 450,824 | 237,728,784 |
| Mutual funds | 23,395 | 1,418,878 |
| Other investments | 7,639 | 1,946,378 |
| Real estate | 9,932 | 1,896,978 |
| Land | 8,271 | 4,047,464 |
| Conservation Easement | 2,405 | 1,954,122 |
| Façade Easement | 242 | 222,269 |
| Art and collectibles | 108,556 | 997,996 |
| Food | 387,160 | 98,698 |
| Clothing | 11,141,891 | 7,613,709 |
| Accessories | 69,574 | 103,577 |
| Electronics | 580,759 | 372,087 |
| Household items | 4,183,228 | 3,920,893 |
| Cars | 331,979 | 578,113 |
| Other Vehicles | 11,223 | 116,514 |
| Services | 34,183 | 56,546 |
| Airline tickets/miles | 1,851 | 3,712 |
| Other | 1,246,103 | 3,750,570 |
Source: Internal Revenue Service, Statistics of Income Bulletin, Spring 2010
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