The Chronicle of Philanthropy
TAX WATCH

Charitable Deductions Rise, Says IRS Report

By Elizabeth Schwinn

New statistics released by the Internal Revenue Service show that deductions claimed for charitable contributions rose from $140.6-billion in 2002 to an estimated $145.7-billion in 2003, an increase of 3.6 percent.

The increase marks the second straight year that charitable deductions rose, after falling from 2000 to 2001 as the stock...

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