Data shows Nevadans gave the most to charity during the recession
When recession struck the Silver State, it was Nevadans who pulled together and were the most charitable, according to IRS statistics compiled by a national nonprofit consulting agency.
From around December of 2007 to June of 2009, the recession kicked off by the subprime mortgage crisis, affected the entire nation and especially Nevada, among the hardest hit. The states that experienced some of the biggest decreases in median income actually increased their charitable giving the most, according to PlentyConsulting.com.
Nevada suffered a 20.5 percent decrease in median income, largely as a result of Las Vegas’s low hotel occupancy rates, high commercial real estate vacancy, reduced demand for new homes, and a huge decline in construction.
However, despite the hard times Nevada encountered during the recession, the state’s residents increased their "giving ratio" by 12.61 percent from 2006 to 2012, the highest amount in the country.
Other states in the Top 10 also dug deeper while suffering steep declines in household income. Nevada was followed by Idaho, Georgia, Connecticut, Florida, Indiana, Kansas, Alabama, New Mexico and Arizona.
Go here to read how the states ranked.