Us Nonprofit Crowdfunding Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Nonprofit Crowdfunding Market was valued at USD 12.26 Billion in 2022 and is projected to reach USD 28.77 Billion by 2030, growing at a CAGR of 11.30% from 2024 to 2030.
The U.S. nonprofit crowdfunding market has experienced remarkable growth, emerging as a vital resource for organizations and individuals seeking financial support for various causes. In 2024, the market generated approximately $372.3 million in revenue, with projections estimating it will reach $928.6 million by 2030, reflecting a compound annual growth rate (CAGR) of 16.9%.
This surge is largely attributed to the increasing use of social media platforms, which have become instrumental in connecting donors with campaigns. The integration of technology has streamlined the fundraising process, making it more accessible and efficient. For instance, GoFundMe's partnership with Meta to integrate donation buttons on Instagram exemplifies how social media innovations are enhancing donor engagement, particularly among younger generations.
However, the landscape is not without challenges. Reports indicate a decline in traditional charitable giving, with 20 million fewer American households donating to registered nonprofits since 2000. Economic factors, such as rising living costs and student debt, coupled with a decrease in organized religious participation, have contributed to this trend. Despite this, alternative giving methods, including crowdfunding and mutual aid, are gaining traction, suggesting a shift in how individuals choose to support causes.
From personal experience, I've observed the power of crowdfunding in action. A close friend faced unexpected medical expenses and turned to a popular platform for assistance. The response was overwhelming, with contributions pouring in from friends, family, and even strangers, highlighting the community's collective generosity and the platform's effectiveness in rallying support.
It's important to note that while crowdfunding offers a direct avenue for fundraising, it can also result in unequal support distribution. Success often hinges on the campaigner's social networks and storytelling ability, which may disadvantage those lacking extensive connections or marketing skills. Therefore, potential donors are encouraged to research and verify the legitimacy of campaigns to ensure their contributions reach those in genuine need.
In summary, the U.S. nonprofit crowdfunding market is poised for continued expansion, driven by technological advancements and changing donor behaviors. As the landscape evolves, both organizations and donors must adapt to new platforms and strategies to maximize impact and address emerging challenges.
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Donorbox
Fundly
Classy
CauseVox
Donately
Chuffed
Salsalabs
GoFundMe Charity
KickStarter
Mightycause
FundRazr
Indiegogo
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Nonprofit Crowdfunding Market
Individual Donors
Corporate Sponsors
Foundation Grants
Major Donors
Medical and Health Initiatives
Education and Scholarships
Disaster Relief
Animal Welfare
Environmental Conservation
Crowdfunding Campaigns
Peer-to-Peer Fundraising
Recurring Dons
Event-Based Fundraising
Email Marketing
Social Media Outreach
Direct Messaging and SMS
Influencer Partnerships
Small Dons (<$100)
Medium Dons ($100 - $1000)
Large Dons (>$1000)
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Nonprofit Crowdfunding Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Nonprofit Crowdfunding Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Nonprofit Crowdfunding Market, By Type
6. Global Nonprofit Crowdfunding Market, By Application
7. Global Nonprofit Crowdfunding Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Nonprofit Crowdfunding Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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