Delaware ranks low in charitable contributions, with New Castle County the most generous of the 3 counties

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New Castle County residents are the most generous in a ranking of Delaware’s three counties. A separate report shows Delaware ranking  24thin the nation in generosity.

Delaware ranks near the bottom in charitable giving, but close to the top in volunteerism. A separate report shows New Castle as the most generous of the  state’s three counties.

Source: WalletHub

The county finding came in a study a  recent study, from  financial technology company SmartAsset, while the state ranking came from the financial advice site.WalletHub.

Tap your cursor on the state in the  map above to see WalletHub state rankings.

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The study measured how much people donate as a percentage of their net income, and the proportion of people in a given county who made charitable donations.

To determine the amount that people donate as a percentage of their income, SmartAsset looked at tax return data and subtracted total taxes paid, mortgage interest, mortgage points and mortgage insurance payments from total income to get each county’s net income.

That amount was  then divided each county’s total charitable donations by its total net income to see how much county residents are donating relative to their income.

New Castle County is the state’s wealthiest county and residents would have more tax-related reasons for making charitable contributions.

At the same time, the calculations from SmartAsset on income percentages allocated for charitable contributions may  offset that factor to some extent.

The WalletHub report showed Delaware ranking 48thin chartitable giving, but fifth in volunteering. The SmartAsset report did not consider volunteer work.

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