Tax-return filers who earned between $200,000 and $10 million gave only 0.48% of their investment assets to charity in 2001. By contrast, less affluent taxpayers who earned $25,000 to $200,000 in income, and who held average investment assets from $83,000 to $490,000, gave about 1.01% of their wealth to charity.
Wealthier groups appear more generous when their giving is measured as a percentage of income, rather than assets. Filers with adjusted gross incomes of $200,000 to $10 million donated about 3.1% of their incomes to charity, compared with only 2.8% of income for filers with incomes of $25,000 to $200,000.