Thursday, January 6, 2022

Classy: More Than $1.1 Billion Raised For Nonprofits

San Diego-based nonprofit fundraising software developer Classy says that more than $1.1 billion was raised by its nonprofit customers on its platform in 2021. The company--which helps nonprofits reach out to donors--said about $30.8 million of that was in recurring donations on its platform. The company has been developing tools to help nonprofits move donors to give on a recurring basis--more like a subscription--rather than just provide on-time donations. The company said it saw $19.9 million in recurring donations in 2020.

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