GITNUX MARKETDATA REPORT 2024

Must-Know Gofundme Statistics [Recent Analysis]

Highlights: The Most Important Gofundme Statistics

  • GoFundMe has raised over $9 billion since its inception.
  • In 2020, GoFundMe hosted more than 150,000 COVID-19 related fundraisers.
  • During the same year, more than 60% of Education fundraisers on GoFundMe were for paying tuition.
  • By 2018, GoFundMe had already distributed more than 2 million individual campaigns with a presence in 19 countries.
  • In 2020, GoFundMe users donated at an average rate of $40 per second during the peak of the COVID-19 pandemic.
  • As of 2017, medical fundraising made up around a third of GoFundMe campaigns.
  • Approximately 10% of GoFundMe campaigns in 2015 were created to raise money for pets.
  • In 2015, GoFundMe hosted around 50,000 campaigns for Syrian refugees, raising more than $60 million.
  • In 2017, the Time’s Up Legal Defense Fund on GoFundMe raised over $24 million from more than 25,000 donors in less than a month.
  • GoFundMe fundraisers for memorials are the fastest-growing category on the platform, with more than 125,000 campaigns created in 2019.
  • A 2018 study found that 1 in 3 GoFundMe campaigns are for medical expenses.
  • In February 2015, 50% of the donations on GoFundMe came from mobile users.
  • In 2017, GoFundMe surpassed $5 billion raised since its inception in 2010.
  • A GoFundMe campaign created after the Las Vegas shooting in 2017 raised over $11 million for the victims.
  • In 2019, GoFundMe campaigns for cancer treatments raised over $650 million.
  • GoFundMe receives more than 250,000 new campaigns every month.
  • In 2015, GoFundMe hosted over 600 campaigns related to transgender surgery.
  • The 2019 GoFundMe Global Giving Report states that donations on the platform increased by 152% over the previous year.

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GoFundMe has become a powerful platform for people to raise money for causes they care about. Since its inception in 2010, GoFundMe has raised over $9 billion from more than 120 million donors across 19 countries. In 2020 alone, the platform hosted 150,000 COVID-19 related fundraisers and saw an average of $40 donated per second during peak times of the pandemic. Education campaigns on GoFundMe are particularly popular with 60% being used to pay tuition fees while medical expenses make up around one third of all campaigns created on the site. Other notable categories include pet care (10%), memorials (125,000+), Syrian refugees ($60M+) and Time’s Up Legal Defense Fund ($24M). As donations continue to increase year after year – 152% growth in 2019 – it is clear that GoFundMe remains a major force when it comes to crowdfunding initiatives worldwide.

The Most Important Statistics
GoFundMe has raised over $9 billion since its inception.

This statistic is a testament to the power of GoFundMe and its ability to bring people together to support causes they care about. It speaks to the generosity of the millions of people who have donated to GoFundMe campaigns, and the impact that their donations have had on the lives of those in need. It is a reminder of the potential for collective action to make a difference in the world.

In 2020, GoFundMe hosted more than 150,000 COVID-19 related fundraisers.

This statistic is a testament to the power of GoFundMe in providing a platform for people to come together and support one another during the COVID-19 pandemic. It speaks to the generosity of the public and the ability of GoFundMe to facilitate meaningful connections between those in need and those who are able to help. It is a powerful reminder of the strength of the human spirit in the face of adversity.

Gofundme Statistics Overview

During the same year, more than 60% of Education fundraisers on GoFundMe were for paying tuition.

This statistic is a telling indication of the financial struggles faced by many students in pursuit of higher education. It highlights the need for more accessible and affordable tuition options, as well as the importance of fundraising platforms like GoFundMe in helping students cover the costs of their education.

By 2018, GoFundMe had already distributed more than 2 million individual campaigns with a presence in 19 countries.

This statistic is a testament to the power of GoFundMe, demonstrating its reach and impact on a global scale. It highlights the platform’s ability to connect people from all over the world, allowing them to come together to support causes they care about. This statistic is a testament to the success of GoFundMe and its ability to make a difference in the lives of millions of people.

In 2020, GoFundMe users donated at an average rate of $40 per second during the peak of the COVID-19 pandemic.

This statistic is a testament to the generosity of GoFundMe users during the peak of the COVID-19 pandemic. It speaks to the power of collective giving and the willingness of people to come together to support those in need. It is a reminder of the importance of giving back and the impact that even small donations can have.

As of 2017, medical fundraising made up around a third of GoFundMe campaigns.

This statistic is a telling indication of the importance of medical fundraising on GoFundMe. It demonstrates the need for individuals to seek out financial assistance for medical expenses, and the prevalence of such campaigns on the platform. It also speaks to the generosity of donors, who are willing to contribute to the medical needs of others.

Approximately 10% of GoFundMe campaigns in 2015 were created to raise money for pets.

This statistic is significant in the context of a blog post about GoFundMe Statistics because it demonstrates the prevalence of pet-related campaigns on the platform. It shows that a significant portion of GoFundMe campaigns are dedicated to helping animals, which speaks to the generosity of the platform’s users and the importance of animal welfare.

In 2015, GoFundMe hosted around 50,000 campaigns for Syrian refugees, raising more than $60 million.

This statistic is a testament to the power of GoFundMe in providing a platform for people to come together and support those in need. It demonstrates the generosity of the public in donating to the cause of Syrian refugees, and the effectiveness of GoFundMe in facilitating this support. It is a powerful reminder of the potential of collective action to make a difference in the world.

In 2017, the Time’s Up Legal Defense Fund on GoFundMe raised over $24 million from more than 25,000 donors in less than a month.

This statistic is a testament to the power of collective action. It demonstrates the immense impact that can be achieved when people come together to support a cause. It also speaks to the effectiveness of GoFundMe as a platform for raising money for important causes. This statistic is a powerful reminder of the potential for individuals to make a difference in the world.

GoFundMe fundraisers for memorials are the fastest-growing category on the platform, with more than 125,000 campaigns created in 2019.

This statistic speaks volumes about the power of GoFundMe as a platform for memorials. It shows that more and more people are turning to GoFundMe to honor the memory of their loved ones, and that the platform is becoming an increasingly popular way to pay tribute to those who have passed away. This statistic is a testament to the impact GoFundMe has had on the lives of those who have lost someone special.

A 2018 study found that 1 in 3 GoFundMe campaigns are for medical expenses.

This statistic is a stark reminder of the financial burden that medical expenses can place on individuals and families. It highlights the need for more accessible and affordable healthcare, as well as the importance of crowdfunding platforms like GoFundMe in helping people cover the costs of medical care.

In February 2015, 50% of the donations on GoFundMe came from mobile users.

This statistic is a testament to the power of mobile technology in the world of fundraising. It shows that more and more people are turning to their phones and tablets to make donations, and that GoFundMe is well-positioned to capitalize on this trend. This statistic is a clear indication that GoFundMe is a leader in the field of online fundraising, and that its platform is well-suited to the needs of modern donors.

In 2017, GoFundMe surpassed $5 billion raised since its inception in 2010.

This statistic is a testament to the power of GoFundMe and its ability to bring people together to support causes they care about. It is a remarkable achievement that speaks to the generosity of the millions of people who have used the platform to make a difference in the lives of others. It is a reminder of the potential of crowdfunding and the impact it can have on the world.

A GoFundMe campaign created after the Las Vegas shooting in 2017 raised over $11 million for the victims.

This statistic is a powerful reminder of the generosity of people in times of tragedy. It speaks to the capacity of individuals to come together and support those in need, even in the face of immense suffering. It is a testament to the power of crowdfunding and the potential it has to make a real difference in people’s lives. This statistic is a shining example of the good that can come from GoFundMe campaigns and the positive impact they can have.

In 2019, GoFundMe campaigns for cancer treatments raised over $650 million.

This statistic is a powerful testament to the impact of GoFundMe campaigns in providing financial support for cancer treatments. It speaks to the generosity of donors and the need for such campaigns to help those in need. It also highlights the importance of GoFundMe in providing a platform for people to come together and support those in need.

GoFundMe receives more than 250,000 new campaigns every month.

This statistic is a testament to the power of GoFundMe as a platform for people to raise money for their causes. It shows that GoFundMe is a reliable and trusted source for people to turn to when they need help, and that it is a popular choice for those looking to raise money. This statistic is also indicative of the sheer number of people who are in need of financial assistance, and the impact that GoFundMe is having on their lives.

In 2015, GoFundMe hosted over 600 campaigns related to transgender surgery.

This statistic is a powerful indicator of the growing need for financial support for transgender surgery. It speaks to the increasing acceptance of the transgender community and the willingness of people to come together to support those in need. It also shows the impact that GoFundMe has had in providing a platform for people to raise money for medical procedures that may not be covered by insurance. This statistic is a testament to the power of crowdfunding and the generosity of people who are willing to help those in need.

The 2019 GoFundMe Global Giving Report states that donations on the platform increased by 152% over the previous year.

This statistic is a testament to the power of GoFundMe as a platform for giving. It shows that more and more people are turning to the platform to make donations, and that the platform is becoming increasingly popular. This is an important indicator of the success of GoFundMe and its ability to make a difference in people’s lives.

Conclusion

GoFundMe has become an invaluable resource for people around the world, providing a platform to raise money for causes ranging from medical expenses and education costs to memorials and natural disasters. Since its inception in 2010, GoFundMe has raised over $9 billion with more than 120 million donors contributing at an average rate of $40 per second during peak times. In 2020 alone, GoFundMe hosted 150,000 COVID-19 related fundraisers as well as millions of campaigns dedicated to other causes such as Education (60% tuition), Medical Expenses (33%), Pets (10%) and Syrian Refugees ($60M). The Time’s Up Legal Defense Fund on GoFundMe also raised over $24 million from 25K+ donors in less than a month while Las Vegas shooting victims received more than $11 million through one campaign. As the largest crowdfunding platform with 41% market share in 2021, it is clear that GoFundme continues to be a powerful force for good across 19 countries worldwide.

References

0. – https://www.money.cnn.com

1. – https://www.theatlantic.com

2. – https://www.qz.com

3. – https://www.apnews.com

4. – https://www.norc.org

5. – https://www.vogue.com

6. – https://www.businessinsider.com

7. – https://www.yoursun.com

8. – https://www.lasvegassun.com

9. – https://www.gofundme.com

10. – https://www.finance.yahoo.com

11. – https://www.cnbc.com

12. – https://www.time.com

13. – https://www.techcrunch.com

ZipDo, cited June 2023: Gofundme Statistics

FAQs

What is GoFundMe?

GoFundMe is a crowdfunding platform that allows individuals, groups, and organizations to create fundraising campaigns to raise money for various causes, such as medical expenses, disaster relief, educational initiatives, and personal goals.

How does GoFundMe make money?

GoFundMe generates revenue by charging a processing fee, which is a small percentage taken from each donation. In some countries, they also make money through voluntary tips provided by donors during the donation process.

What are the success rates for campaigns on GoFundMe?

Success rates for GoFundMe campaigns vary widely, depending on factors such as the type of cause, target audience, and promotional efforts. On average, about 10% of campaigns achieve their fundraising goal, but campaigns that receive media attention, have strong social networks, or involve timely and relatable causes tend to be more successful.

What are the most common types of campaigns on GoFundMe?

The most common types of campaigns on GoFundMe are related to medical expenses, memorials, emergencies, education, and nonprofit organizations. Other categories include sports and competitions, community projects, and creative projects.

How does GoFundMe ensure the legitimacy of campaigns and protect donors from fraud?

GoFundMe employs multiple strategies to protect its users, including proprietary fraud detection algorithms, dedicated teams reviewing campaigns for suspicious activities, and systems that allow donors and the GoFundMe community to report any suspicious campaigns. In addition, GoFundMe offers the GoFundMe Guarantee, which provides refunds to donors in certain cases where misuse of funds is confirmed.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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