Donors of noncash gifts drop again, but value of gifts increases in 2021
The number of donors reporting noncash contributions on their individual tax returns dropped in tax year 2021, but the total value of their gifts increased, according to statistics released by the Internal Revenue Service in April. The numbers reflect a continuing trend from returns for 2019, the year before the pandemic, through 2020, the partial year of the pandemic, and 2021, a full year on the pandemic. Fewer donors are giving, but they are giving more money.
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