CHARLESTON, S.C., Feb. 15, 2018 /PRNewswire/ -- Based on the largest analysis of overall and online giving data, Blackbaud, Inc. (NASDAQ: BLKB), the world's leading cloud software company powering social good, today announced the availability of its annual Charitable Giving Report, featuring the earliest, most comprehensive look at how fundraising performed in 2017. As philanthropy navigates tumultuous times, this latest report from the Blackbaud Institute for Philanthropic Impact™ analyzes trends from nearly $30 billion in fundraising revenue from 2017 and offers the data-backed findings to help organizations benchmark their performance and guide their fundraising strategies for the year and beyond.
"Trends in the 2017 Charitable Giving Report show very positive signs for the emergence of digital and mobile giving," said Steve MacLaughlin, Blackbaud's vice president of data and analytics and senior advisor to the Blackbaud Institute. "Organizations that commit to reaching their supporters through the right channels at the right time will find continued success in these rapidly evolving times."
Key findings from the Blackbaud Institute Charitable Giving Report:
- Overall giving grew approximately 4.1% in 2017
- Online giving grew 12.1% in 2017 compared to 2016
- Online donations made up 7.6% of all fundraising in 2017
- #GivingTuesday online donations were up 28% in 2017
- 21% of online donations were made on a mobile device in 2017
The 4.1% increase in giving during 2017 was a substantial jump compared to relatively flat growth in 2016. A strong stock market, spikes in giving in response to political issues, and the continued shift to digital giving all influenced giving in 2017. This growth was also fueled by a 5.1% increase in giving during the final three months of 2017.
According to the report, international affairs organizations had the largest growth in overall fundraising and faith-based organizations experienced the largest growth in online giving in 2017 compared to 2016. Only arts and culture and K–12 education institutions experienced minimal year-over-year declines in overall fundraising, and all sectors had growth in their online giving programs in 2017. Online giving to small nonprofits grew 10.7%, medium organizations grew 14.9% and large organizations grew by 11.0%, while overall giving to small organizations grew by 4.2%, medium organizations increased 3.9% and large organizations experienced the most growth at 4.3% on a year-over-year basis.
To view more charitable giving trends, statistics on retention, donor characteristics and average donation amounts, download the report at www.blackbaudinstitute.com/charitablegiving.
About the Blackbaud Institute for Philanthropic Impact
The Blackbaud Institute drives research and insight to accelerate the impact of the social good community. It convenes expert partners from across the philanthropic sector to foster diverse perspectives, collective thinking, and collaborative solutions to the world's greatest challenges. Using the most comprehensive dataset in the social good community, the Blackbaud Institute and its partners conduct research, uncover strategic insight, and share results broadly, all in order to drive effective philanthropy at every stage, from fundraising to outcomes. Knowledge is powering the future of social good, and the Blackbaud Institute is an engine of that progress. Learn more, sign up for the newsletter, and check out the latest resources at www.blackbaudinstitute.com.
Blackbaud (NASDAQ: BLKB) is the world's leading cloud software company powering social good. Serving the entire social good community—nonprofits, foundations, corporations, education institutions, healthcare institutions and individual change agents—Blackbaud connects and empowers organizations to increase their impact through software, services, expertise, and data intelligence. The Blackbaud portfolio is tailored to the unique needs of vertical markets, with solutions for fundraising and CRM, marketing, advocacy, peer-to-peer fundraising, corporate social responsibility, school management, ticketing, grantmaking, financial management, payment processing, and analytics. Serving the industry for more than three decades, Blackbaud is headquartered in Charleston, South Carolina and has operations in the United States, Australia, Canada and the United Kingdom. For more information, visit www.blackbaud.com.
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Except for historical information, all of the statements, expectations, and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties, including statements regarding expected benefits of products and product features. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks associated with management of growth; lengthy sales and implementation cycles, particularly in larger organization; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SEC's website at www.sec.gov or upon request from Blackbaud's investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.
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SOURCE Blackbaud, Inc.