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4 Top Donor Retention Strategies to Keep Your Year-End Donors

CauseVox

To do this you can: Gather the total number of donors in 2023/2024. From these stats, you would have retained 40% of your donors, and lost 60%. From these stats, you would have retained 40% of your donors, and lost 60%. You can go even further than that simple calculation though. That means its pretty important.

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Fundraisers Taking Smaller Bite Of New York Donations

The NonProfit Times

Professional fundraising firms retained 17% of donations raised in New York State during 2023, the lowest amount during the past five years. The data shows that 46% of the time charities received less than 50% of funds raised and 16% of campaigns had expenses that exceeded revenue to the tune of $26 million during 2023.

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It’s Another Polar Plunge For Q3 Fundraising

The NonProfit Times

of new donors retained year-to-date. This underscores the persistent challenge of engaging and retaining first-time donors, he said. Both the Micro organizations (less than $100,000) and medium-sized nonprofits ($250,000-$1 million) had improved fundraising performance compared to 2023. Dollars declined by 10.3%

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Winning unrestricted funding from general operating-averse funders: The Greatest Needs Approach

Grant Professionals Association

Even if the request is not funded, the organization retains a well-developed plan that clarifies needs, costs, and potential impact - well worth the time it took to develop This approach builds trust by showing transparency and preparedness while still allowing adaptability[a][b].

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Hospital Donor Retention Rates Jump 19%

The NonProfit Times

Nonprofit hospitals had an annualized growth in average online gift of 110% to $373 during 2023 with the average 12-month value of an online donor increasing 86% to $417 during 2023. Donors to nonprofit hospitals are online, a 10% increase from 2023 and 44% increase from 2022, the collected data showed.

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Annual Giving Basics: A Fundamental Guide for Yearly Donations

Blackbaud

Total donor count is decreasing: The number of donors who gave in 2023 decreased by 5.3% Revenue per donor is increasing: The average donor gave $865 in 2023 compared to $673 in 2019. Annual Giving Key Stats In addition to your organization’s proprietary data, here are a couple of helpful industry benchmarks and trends to keep in mind.

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It’s time to invest in volunteer engagement  

Candid

A 2023 report from the Do Good Institute found that 78.9% Nonprofits face a growing challengeaccording to Points of Lights Annual Affiliate Report 2023, half their volunteer positions remain unfilled, even as demand for their services surges. Volunteering is the backbone of the U.S. Volunteers may be unpaid; they are not free.