From the Chatham News + Record, by Ben Rappaport
Chatham County has been named the most charitable county in the state in a study by SmartAsset, an online financial consultant service.
Chatham County ranked first among the places in North Carolina with the most generous residents, measured by how much money people donate as a percentage of their net income, as well as the proportion of people in each county who make charitable donations. The counties that fared best in these metrics were the counties that ranked highest in the study.
Using 2021 IRS data, on average, Chatham residents donated 1.49% of their income. The state average is 1.24%. Other counties had higher portions of income donated, but another factor in the study was what percentage of residents give charitable donations. Chatham scored the highest in this category with 14.67% of the population donating; the state average is 5.86%.
The two factors were weighted equally to yield the Charitable County Index score.
Continue reading on the Chatham News + Record website.
