Charitable Giving in Germany: Trends and Insights for 2024
A recent study reveals that charitable donations in Germany continue to lag behind the record years of 2021 and 2022, influenced by political inclinations and age. Factors such as high-profile events, educational background, and party affiliation significantly affect donation levels. Surprisingly, younger individuals donate more on average than older adults. Despite expected modest growth in donations for 2024, inflation may offset this increase, presenting challenges for humanitarian organizations.