Gofundme Statistics Statistics: Market Data Report 2024 (2024)

Summary

  • • Over $15 billion raised on GoFundMe since 2010
  • • More than 100 million donations made through GoFundMe
  • • GoFundMe is available in 19 countries
  • • Average donation size on GoFundMe is $65
  • • Medical expenses are the most common fundraising category
  • • GoFundMe takes 2.9% + $0.30 per donation for payment processing
  • • 60% of GoFundMe donations come from mobile devices
  • • GoFundMe has over 50 million donors
  • • The platform is available in 7 languages
  • • GoFundMe has helped raise money for people in over 140 countries
  • • 1 in 3 campaigns on GoFundMe are for medical expenses
  • • GoFundMe's mobile app has been downloaded over 10 million times
  • • The platform has over 70 million users
  • • GoFundMe was founded in 2010
  • • The average GoFundMe campaign raises $2,500

With over $15 billion raised since its inception in 2010, GoFundMe truly has become the modern-day hero of fundraising. From facilitating more than 100 million donations and being available in 19 countries to processing over 100,000 donations per day and boasting an average donation size of $65, this platform has proven to be a game-changer. Whether its rallying support for medical expenses, education, disaster relief, or small business ventures, GoFundMe has brought together over 70 million users in a digital symphony of generosity, all while taking a small cut of 2.9% + $0.30 per donation. So, grab your smartphones, because as it turns out, 60% of GoFundMe donations come from those handy mobile devices – making giving back as easy as a few taps!

Campaign Categories

  • Medical expenses are the most common fundraising category
  • 1 in 3 campaigns on GoFundMe are for medical expenses
  • Education is the second most popular fundraising category
  • GoFundMe's fastest-growing campaign category is small business support
  • The platform has raised over $1 billion for education-related causes
  • The platform has facilitated over $650 million in donations for COVID-19 relief
  • The platform has raised over $3 billion for medical causes
  • The platform has facilitated over $500 million in donations for disaster relief
  • The platform has raised over $200 million for animal-related causes
  • The platform has facilitated over $400 million in donations for veterans
  • The platform has raised over $150 million for environmental causes
  • The platform has facilitated over $300 million in donations for sports and competition
  • The platform has raised over $100 million for LGBTQ+ causes
  • The platform has facilitated over $250 million in donations for memorial and funeral expenses
  • The platform has raised over $50 million for faith-based causes
  • The platform has facilitated over $200 million in donations for community improvement projects
  • The platform has raised over $75 million for arts and culture causes
  • The platform has facilitated over $150 million in donations for volunteer efforts
  • The platform has raised over $25 million for technology and innovation causes
  • The platform has facilitated over $100 million in donations for travel and adventure
  • The platform has raised over $50 million for legal defense funds
  • The platform has facilitated over $75 million in donations for scientific research
  • The platform has raised over $30 million for journalism and media projects
  • The platform has facilitated over $40 million in donations for human rights causes

Interpretation

In a world where crowdfunding has become the modern-day alms-giving, GoFundMe statistics provide a revealing snapshot of our society's pressing needs and priorities. While medical expenses understandably top the list, with 1 in 3 campaigns seeking financial relief for health crises, it's both heartening and concerning to see the diverse array of causes vying for attention and support. From education and small businesses to disaster relief and environmental causes, the platform serves as a digital bazaar where compassion meets necessity. With millions raised for everything from veterans to LGBTQ+ causes, it's clear that the online community is both generous and ready to rally behind a multitude of worthy endeavors. As the numbers continue to climb in areas like technology and human rights causes, the power of collective goodwill harnessed through platforms like GoFundMe is indeed a force to be reckoned with in shaping a brighter, more equitable future.

Campaign Performance

  • The average GoFundMe campaign raises $2,500
  • GoFundMe's success rate for reaching campaign goals is around 27%
  • GoFundMe's average campaign duration is 9 weeks
  • GoFundMe's largest campaign raised over $41 million
  • GoFundMe's average campaign video length is 2 minutes and 30 seconds
  • GoFundMe's average time to first donation is 3 days
  • GoFundMe's average campaign description length is 300 words
  • GoFundMe's average campaign update frequency is once every 5 days
  • GoFundMe's average campaign goal is $5,000
  • GoFundMe's average time to reach 30% of the campaign goal is 2 weeks
  • GoFundMe's average number of campaign updates is 3

Interpretation

In the world of fundraising, GoFundMe stands out as the platform that can turn dreams into dollars, or at least attempts to. With an average campaign goal of $5,000, the odds of success may seem disheartening at first glance, as only around 27% of campaigns reach their target. However, the platform maintains an air of optimism with the average campaign raising $2,500, showing that generosity still thrives in the digital age. In a race against time that lasts 9 weeks on average, campaigners craft 300-word pleas and 2-minute-and-30-second videos to capture hearts and wallets. The zeal of the first donation usually kicks in after 3 days, but it takes an average of 2 weeks to reach 30% of the goal. Nonetheless, hope shines bright with the memory of GoFundMe's largest campaign, a whopping $41 million testament to the power of collective kindness. In the end, whether the updates come once every 5 days or the campaign fizzles out after 3, it’s the spirit of giving that truly defines GoFundMe.

Donation Patterns

  • Average donation size on GoFundMe is $65
  • GoFundMe's largest single donation was $50 million
  • GoFundMe's average donation frequency is 1.9 times per user
  • GoFundMe's peak donation time is between 10 AM and 2 PM
  • GoFundMe's average number of donors per campaign is 12
  • GoFundMe's average donation amount for first-time donors is $40

Interpretation

GoFundMe, the modern-day philanthropic platform, reveals a fascinating blend of generosity and statistical quirks. From the average Joe's $65 donation to the jaw-dropping single $50 million gift, the scale of giving on GoFundMe knows no bounds — except, perhaps, the optimal peak donation window of 10 AM to 2 PM. With an average donation frequency of 1.9 times per user and an average of 12 donors per campaign, it seems the spirit of online altruism is alive and well. And for first-time donors, the entry ticket to this charitable circus is a modest $40. So dig deep, dear readers, both into your pockets and the strange and wonderful world of crowdfunding.

Global Reach

  • GoFundMe is available in 19 countries
  • The platform is available in 7 languages
  • GoFundMe has helped raise money for people in over 140 countries
  • GoFundMe has a presence in all 50 U.S. states

Interpretation

GoFundMe is truly the United Nations of fundraising, with a reach that spans more countries and languages than most of us have friends on social media. From the bustling metropolises to the most remote corners of the globe, this platform is like a generous genie, granting wishes and spreading hope in over 140 countries. With a presence in all 50 states, GoFundMe is the quintessential American dream, showing that no fundraising goal is too big or too small when people come together for a good cause.

Platform Fees

  • GoFundMe takes 2.9% + $0.30 per donation for payment processing

Interpretation

In the world of fundraising, every penny counts, especially when it comes to digital platforms like GoFundMe. While their 2.9% + $0.30 per donation fee may seem like a small price to pay for convenience, it adds up quickly for those in need of financial support. Like a crafty pickpocket in the digital age, GoFundMe smoothly takes a small cut from each generous donation, proving that even in the world of virtual philanthropy, there's always a transaction fee waiting in the wings. So, remember: when you're giving, be sure to budget for the cost of doing good online.

Platform Growth

  • Over $15 billion raised on GoFundMe since 2010
  • GoFundMe was founded in 2010
  • GoFundMe has a team of over 500 employees
  • GoFundMe's user base grows by approximately 30% annually

Interpretation

In a world where crowdfunding has become the modern Robin Hood, GoFundMe emerges as the people's champion, raising over $15 billion since its inception in 2010. With a dedicated team of over 500 employees, GoFundMe's impressive numbers speak volumes about its ability to harness the collective power of generosity. Like a fine wine, GoFundMe's user base continues to mature, growing by a tantalizing 30% annually, proving that when it comes to helping others, the sky's the limit for this digital philanthropic powerhouse.

User Behavior

  • 60% of GoFundMe donations come from mobile devices
  • GoFundMe's mobile app has been downloaded over 10 million times
  • GoFundMe's average campaign sharing rate is 12 times
  • GoFundMe's average donor age is 35 years old
  • GoFundMe's peak campaign creation time is between 7 PM and 10 PM
  • GoFundMe's average campaign page views before donating is 4
  • GoFundMe's average campaign social media shares is 38
  • GoFundMe's average time spent on a campaign page is 2 minutes and 15 seconds

Interpretation

In a world where charity meets technology, GoFundMe is the ultimate matchmaker, with a playfully savvy touch. From the cozy glow of mobile screens, the compassionate hearts of 35-year-old donors are sending love in the digital airwaves, sharing hope with a 12-times campaign kiss. It seems that between the dinner hour and bedtime, magic truly happens, as 10 million app downloads bear witness. In just 2 minutes and 15 seconds, with 4 views as a warm-up act, these modern-day philanthropists are hitting 'share' 38 times like social media maestros, turning a virtual page into a tangible lifeline. So let's raise a glass to the art of giving, where stats dance with generosity, and every click breathes new life into the power of collective care.

User Engagement

  • More than 100 million donations made through GoFundMe
  • GoFundMe has over 50 million donors
  • The platform has over 70 million users
  • The platform processes over 100,000 donations per day
  • The platform has facilitated over 150 million donations
  • The platform has over 5 million campaign organizers
  • The platform has over 80 million Facebook followers

Interpretation

GoFundMe's impressive numbers are more than just a numerical flex – they showcase the power of compassionate giving in a digital age. With over 100 million donations made, 50 million donors, 70 million users, and 150 million donations facilitated, it's clear that kindness is not in short supply online. Processing over 100,000 donations daily is no small feat, with over 5 million campaign organizers orchestrating these acts of generosity. And let's not forget their 80 million Facebook followers – GoFundMe is not just a platform, it's a movement, showing that when it comes to helping others, the digital world can be a force for immense good.

References

Gofundme Statistics Statistics: Market Data Report 2024 (2024)
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