# GoFundMe reaches $30bn raised on crowdfunding & nonprofit giving platforms

- Link: https://fundraising.co.uk/2024/02/07/gofundme-reaches-30bn-raised-on-crowdfunding-nonprofit-giving-platforms/
- Published: 2024-02-07T10:31:28+00:00
- Author: Melanie May

**Since its 2010 launch, GoFundMe has generated $30 billion (£23.8 billion) through
crowdfunding on its platform and through the Classy giving platform.**

GoFundMe announced the news this week. The money has been raised through 150 million
people around the globe giving to help others, donating an average of $68 a second
since 2010. In the US alone, over a third of adults have donated via [GoFundMe](https://www.gofundme.com/en-gb)
or [Classy](https://www.classy.org/).

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The $30bn is broken down by GoFundMe as follows:

![](https://wfay6x.infiniteuploads.cloud/2024/02/Screenshot-2024-02-07-at-10.05.26.
png)

Commenting on the news, GoFundMe said:

> “Together, we’ve reached an extraordinary milestone: $30 billion (£23.8 billion)
> donated by our community, for our community. Anyone who says one person cannot
> make a difference needs only to look at this number to see that each individual
> donation whether it was £5 or £50,000 adds up to incredible impact for people 
> and charities who need us most. Looking ahead, we will continue to expand the 
> future of fundraising.”

GoFundMe [acquired Classy in 2022](https://fundraising.co.uk/2022/01/14/gofundme-in-agreement-to-acquire-giving-platform-classy/),
with the giving platform becoming a subsidiary of GoFundMe and continuing to operate
as a separate entity.

In the UK, last year saw GoFundMe become [RunThrough’s official fundraising platform](https://fundraising.co.uk/2023/09/18/justgiving-is-brighton-half-marathons-official-fundraising-platform-other-sector-supplier-news/)
to help it reach its 10-year fundraising goal of a further £100 million raised for
charity by participants in RunThrough events by 2033. Fundraising firm Social Sync
also announced that it was [integrating GoFundMe](https://fundraising.co.uk/2023/11/01/give-a-little-expands-relationship-with-stripe-plus-more-supplier-tech-news/)
into its dashboards, with the two then [running a virtual challenge](https://fundraising.co.uk/2023/12/08/freewills-celebrates-100mn-in-pledges-more-sector-supplier-agency-news/)–
Run 25 Miles – last December with the aim of raising more than £100,000 for the 
Motor Neurone Disease Association in 25 days from 4,000 donors.

GoFundMe also gives back: since its founding it says it has invested more than $
25 million into its community through programmes including [GivesBack](https://twitter.com/gofundme/status/1143613894268559360?lang=en)
and [Pledge 1%](https://www.classy.org/blog/classy-takes-1-pledge-joins-integrated-philanthropy-community/).
In addition, GoFundMe supports its independent nonprofit partner, [GoFundMe.org](https://www.gofundme.org/),
which has raised and distributed more than $160 million in grants to charities and
individual families facing critical needs. This has included delivering cash grants
to families in and around Hawaii’s Lahaina following the fire last August within
30 hours, with over 4,200 grants sent to date.

 * **[Cat sanctuary GoFundMe appeal overwhelmed by donations](https://fundraising.co.uk/2016/08/12/cat-sanctuary-gofundme-appeal-overwhelmed-donations/)**(
   12 August 2016)
 * **[Crowdfunding for medical & health reasons almost doubles on GoFundMe](https://fundraising.co.uk/2016/12/01/crowdfunding-medical-health-reasons-almost-doubles-gofundme/)**(
   1 December 2016)
 * **[British trucker honoured by Polish Ambassador for raising £196k](https://fundraising.co.uk/2017/01/10/british-trucker-honoured-crowdfunding-campaign/)**(
   10 January 2017)
