The Obamas earned $1.67 million in 2005 and $991,296 in 2006, the returns show. Their income spiked thanks mainly to the sales of his two books,Dreams from My Father, first published in 1995, andThe Audacity of Hope, a best seller in 2006.
In 2006, the Obamas reported giving $60,307 to charity, or about 6% of their income — the largest percentage during those seven years. From 2000 through 2004, they reported giving a total of $10,770, or less than 1% of the $1.2 million they earned during that period.
Vietor said the Obamas gave $240,000 to charity in 2007. He declined to disclose their income. Some of their largest charitable donations disclosed — $27,500 in 2005 and 2006 — have been made to their church, Trinity United Church of Christ.
They also gave $45,000 to two literacy organizations and $31,000 to CARE, the global anti-poverty group.