Pulse logo
Pulse Region

The top 26 states where rich people give away the most money

26: Illinois
26: Illinois

Wealthy people live in every state in the US — but some states are more charitable than others.

The IRS publishes data about the number of people who itemize their tax returns every year, and how many people claim which deductions by state and by income bracket.

To arrive at the rankings, we looked at the people who itemized and made between $500,000 and $1 million, and more than $1 million in the year 2016 (the most recent one for which we have data). We looked at how many claimed the itemized deduction for charitable giving. The IRS also indicates how much money was claimed to be donated. Using that information, we could figure out the average claimed donation per $500,000+ income tax return per state.

Here, in ascending order, are the top 26 most charitable states plus Washington DC .

See the rest of the story at Business Insider

See Also:

SEE ALSO: The happiest states in the US, ranked

DON'T MISS: This $245 million Los Angeles mansion is the most expensive home for sale in the US — and it costs 960 times more than a typical US home

Subscribe to receive daily news updates.

Next Article