Key Takeaways
- In 2022, peer-to-peer fundraising in the US generated over $4.5 billion in total revenue across all nonprofits, marking a 15% year-over-year increase from 2021
- Global peer-to-peer fundraising market size reached $6.8 billion in 2023, projected to grow at a CAGR of 12.4% through 2030 due to rising digital adoption
- The number of active P2P fundraising campaigns worldwide increased by 28% from 2020 to 2023, totaling over 250,000 campaigns
- P2P fundraising ROI averaged 400% in 2023, compared to 250% for direct mail
- Average P2P campaign raised $147,000 in 2023, a 12% increase from $131,000 in 2022
- Top 10% of P2P fundraisers averaged $1.2 million per campaign in 2023
- 82% of P2P participants shared their page on social media at least once in 2023, boosting reach by 400%
- Average P2P participant engagement time on platforms was 2.3 hours per campaign in 2023
- 67% of P2P donors felt more connected to the cause after participating, per 2023 surveys
- Average age of P2P fundraisers was 38 in 2023, down from 45 in 2018
- Women comprised 62% of P2P participants in 2023, raising 55% more per capita than men
- Gen Z (18-24) represented 28% of P2P fundraisers in 2023, up from 12% in 2019
- AI-driven personalization in P2P platforms increased conversion by 27% in 2023
- Mobile app usage for P2P fundraising hit 68% of total activity in 2023
- Blockchain-based P2P donations grew 150% YoY to $50M in 2023
Peer-to-peer fundraising continues to grow rapidly in both revenue and widespread nonprofit adoption.
Demographic Insights
- Average age of P2P fundraisers was 38 in 2023, down from 45 in 2018
- Women comprised 62% of P2P participants in 2023, raising 55% more per capita than men
- Gen Z (18-24) represented 28% of P2P fundraisers in 2023, up from 12% in 2019
- Urban dwellers accounted for 71% of P2P participants, rural at 15% in US 2023 data
- 45% of P2P donors had household incomes over $100k in 2023
- African American participation in P2P rose to 18% in 2023 from 9% in 2020
- Corporate employees in P2P matching gift programs: 32% of total participants 2023
- Students made up 22% of P2P fundraisers for youth causes in 2023
- Hispanic/Latino P2P engagement grew 40% to 15% of total in 2023 US
- Boomers (55+) contributed 35% of P2P donation volume despite 12% participation
- 68% of P2P participants held college degrees in 2023 surveys
- LGBTQ+ individuals participated at 2x rate of general population in P2P 2023
- Married participants raised 24% more than singles in P2P teams 2023
- Veterans comprised 11% of P2P fundraisers for vet causes, averaging $950 raised each
- Parents with children under 18 were 52% more likely to join P2P walks
- Tech professionals dominated P2P with 25% share, raising via coding challenges
- 41% of P2P participants lived in top 10 US metros in 2023
Demographic Insights Interpretation
Donor and Participant Engagement
- 82% of P2P participants shared their page on social media at least once in 2023, boosting reach by 400%
- Average P2P participant engagement time on platforms was 2.3 hours per campaign in 2023
- 67% of P2P donors felt more connected to the cause after participating, per 2023 surveys
- Email open rates for P2P campaigns averaged 42% in 2023, 2x industry standard
- Social media shares per P2P page averaged 45 in 2023, driving 35% of donations
- 55% of P2P participants reported increased personal motivation from peer competition
- Thank-you response rates from P2P fundraisers to donors hit 78% in high-performing campaigns
- Video thank-yous increased donor satisfaction by 40% in P2P campaigns of 2023
- Average P2P page visits per fundraiser: 1,200 in 2023, with 4% conversion
- 71% of participants in team-based P2P felt stronger community ties post-event
- SMS reminders boosted P2P participation reminders response by 29% in 2023
- Personalized fundraising pages saw 50% higher engagement rates than generic ones in 2023
- 64% of P2P donors made additional gifts within 6 months
- Gamification elements increased P2P login frequency by 3x weekly in 2023 tests
- Live event streams in P2P boosted real-time donations by 62% per viewer
- Post-campaign surveys showed 89% participant willingness to repeat P2P in 2024
- Peer referrals accounted for 48% of new P2P sign-ups in 2023
- Storytelling prompts on P2P pages increased shares by 37% in 2023
- 76% of millennials engaged in P2P fundraising reported higher loyalty to causes
Donor and Participant Engagement Interpretation
Market Size and Growth
- In 2022, peer-to-peer fundraising in the US generated over $4.5 billion in total revenue across all nonprofits, marking a 15% year-over-year increase from 2021
- Global peer-to-peer fundraising market size reached $6.8 billion in 2023, projected to grow at a CAGR of 12.4% through 2030 due to rising digital adoption
- The number of active P2P fundraising campaigns worldwide increased by 28% from 2020 to 2023, totaling over 250,000 campaigns
- US nonprofits utilizing P2P fundraising grew from 45% in 2019 to 67% in 2023, driven by post-pandemic hybrid events
- P2P fundraising accounted for 12% of total online fundraising revenue in North America in 2022, up from 8% in 2019
- European P2P market expanded by 22% in 2023, with the UK leading at £450 million raised
- Asia-Pacific P2P fundraising saw a 35% surge in 2023, fueled by mobile-first platforms in India and China
- Total P2P funds raised via walking events reached $1.2 billion in 2022, representing 27% of all P2P revenue
- Cycling P2P events generated $850 million globally in 2023, with a 18% growth rate
- Average annual growth rate of P2P fundraising from 2018-2023 stood at 14.7%, outpacing traditional galas by 5x
- Latin America P2P market hit $300 million in 2023, with Brazil contributing 40%
- Post-COVID, virtual P2P events grew market share to 35% of total P2P revenue in 2023
- Number of P2P platforms operating globally rose from 50 in 2019 to 120 in 2023
Market Size and Growth Interpretation
Revenue and Performance Metrics
- P2P fundraising ROI averaged 400% in 2023, compared to 250% for direct mail
- Average P2P campaign raised $147,000 in 2023, a 12% increase from $131,000 in 2022
- Top 10% of P2P fundraisers averaged $1.2 million per campaign in 2023
- Average gift size in P2P campaigns was $125 in 2023, up 8% from prior year due to recurring donations
- P2P events had a 4.2x ROI on average in 2023, with walkathons leading at 5.1x
- 65% of P2P revenue came from new donors in 2023, versus 40% for email campaigns
- Average team in P2P fundraising raised $12,500 in 2023, with top teams at $75,000
- P2P fundraising conversion rate averaged 3.8% from page views to donations in 2023
- Recurring donations comprised 22% of P2P revenue in 2023, boosting lifetime value by 300%
- Hybrid P2P events outperformed in-person by 25% in total funds raised per participant in 2023
- Cost per dollar raised in P2P dropped to $0.18 in 2023 from $0.24 in 2021
- P2P campaigns with video content saw 32% higher average revenue per fundraiser in 2023
- 72% of P2P funds from mobile donations in 2023, averaging $95 per gift
- Top P2P fundraisers retained 45% of donors year-over-year, contributing 60% of repeat revenue
- P2P average revenue per participant was $650 in 2023, up 11% YoY
- Events with leaderboards raised 28% more on average in 2023
- 58% of nonprofits reported P2P as their highest ROI channel in 2023 surveys
- Average P2P fundraiser recruited 15 donors in 2023, generating $1,875 per recruiter
Revenue and Performance Metrics Interpretation
Technological and Trend Analysis
- AI-driven personalization in P2P platforms increased conversion by 27% in 2023
- Mobile app usage for P2P fundraising hit 68% of total activity in 2023
- Blockchain-based P2P donations grew 150% YoY to $50M in 2023
- VR/AR experiences in virtual P2P events boosted donations by 45% per session 2023
- Chatbot integration on P2P pages reduced drop-off by 19% in 2023
- 55% of P2P platforms adopted headless CMS for customization by end-2023
- NFT rewards for top P2P fundraisers distributed $10M in value 2023
- Data analytics tools predicted top fundraisers with 82% accuracy in 2023
- Voice-activated donations via Alexa/Siri comprised 8% of P2P gifts 2023
- Integration with CRM systems increased P2P donor retention by 34% in 2023
- 76% of new P2P platforms used no-code builders in 2023 launches
- Metaverse P2P events raised $15M across 50 campaigns in 2023
- Predictive modeling for P2P team matching improved revenue by 22% 2023
- Email automation sequences in P2P lifted open rates to 51% average 2023
- 62% of P2P campaigns used TikTok for recruitment, driving 20% more GenZ signups
- Facial recognition for virtual check-ins sped up hybrid events by 40% 2023
- Zero-party data collection in P2P apps grew donor profiles by 55% 2023
- Gamified apps with badges saw 41% higher completion rates in P2P 2023
- Cloud migration for P2P platforms reduced costs by 28% on average 2023
- Web3 wallet integrations enabled 12% of P2P donations crypto-based 2023
- Hyper-personalized push notifications increased mobile P2P gifts by 36% 2023
Technological and Trend Analysis Interpretation
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