The percentage of the income Coventry residents give to charity is less than the county, state and country averages, according to a study released this week.
However, those making the least amount of money in Coventry give the most, percentage-wise.
The Chronicle of Philanthropy's "How America Gives" study reported that Coventry residents, with a median discretionary income of $51,167, had a median contribution of 2.6 percent, or $1,337, of their income to charity in 2008, the tax year for which data was collected.
By way of comparison, the county, state, and country's median contribution was 3.8 percent, 3.1 percent and 4.7 percent, respectively. (See chart below.)Geographic Area Median Discretionary Income Percentage Donated Dollar Amount Donated
Coventry $51,167 2.6 $1,337 Kent County $40,153 3.8 $1,535 Rhode Island $53,181 3.1 $1,666 United States $54,783 4.7 $2,564
The study is based on exact dollar amounts released by the Internal Revenue Service that show the value of charitable deductions claimed by American taxpayers in 2008.
The Chronicle’s rankings show the percentage of their income that households donated from the money they had left after paying their taxes and covering housing, food, and other essential expenses.
While The Chronicle used averages to compare towns, readers may also search by income bracket. The study shows that those making the least money in Coventry donated the largest percentage of their income. The tax returns reporting median discretionary income of $50,000 to $99,999 in Coventry gave an average of 3.1 percent, or $1,103.
Those making $100,000-$199,999 reportedly gave 2.6 percent and those more than $200,000 gave 2.3 percent.