Regular Giving Grows for Third Consecutive Year in U.K., Fundraising Report Finds
Key Findings:
- Volume of Direct Debit donations increase +7.8%
- Income of Direct Debit donations increase +9.8%
- Average Gift sees significant increase by almost £1 to £12.86
- Average Gift By Cause shows children’s charities shoot up to £15.01 from £13.11, while healthcare & medical research shows second biggest increase.
- Direct Debit donation cancellations lowest recorded since 2007 at 3.32%
- Online regular giving is popular among consumers: year on year growth: 36%
- Online average gift revealed at £8.09, with 83% taking up Gift Aid (AG: £11.39)
- Charities are losing income unnecessarily by treating all unpaids as cancellations. The majority of unpaid Direct Debits are due to ‘insufficient funds’ and 62.5% of Direct Debits returned as Refer to Payer were paid when re-presented the following month. Charities could save £1000s every month.
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