The holiday season is here, which, among other things, means many charities are in the midst of their busiest time of year with regard to donations. A 2017 study from Guidestar found that 50.5 percent of surveyed nonprofits receive more than half of their donations in the final three months of the year.1
There are many reasons why charitable giving ramps up as the year draws to a close. Some individuals may feel urgency to follow through on early-year resolutions to give more. Others may be swayed by the spirit of the holiday season. And, of course, many Americans are also looking for ways to maximize their end-of-year tax deductions.