Donation-based crowdfunding: amounts funded 2014 statistic

This statistic shows the amounts that donors funded through donation-based crowdfunding projects, according to a survey conducted on the alternative finance industry in the United Kingdom (UK) in 2014. The majority (45 percent) of respondents invested between 10 and 50 British pounds into a given platform.

How much money have you used to fund through this donation-based crowdfunding platform?

Characteristic	Share of respondents
1-10 GBP	30%
10-50 GBP	45%
50-100 GBP	13%
100-500 GBP	6%
500-1000 GBP	3%
1000-5000 GBP	0%
More than 5000 GBP	3%

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Release date

November 2014

More information

Region

United Kingdom

Survey time period

March to September 2014

Special properties

Funders*

Supplementary notes

The source adds the following information: "Individuals donate small amounts to meet the larger funding aim of a specific charitable project while receiving no financial or material return in exchange".

* The source clarifies the methodology as follows: "Four stages of research activity were carried out from March to September 2014. (1) Stage one involved collecting primary transactional data directly from alternative finance platforms. (2) Stage two consisted of designing and distributing model-specific questionnaires to survey funders and fundraisers of alternative finance. In total 15,658 users were surveyed. (3) Stage three conducted in association with ACCA and PwC included two external national surveys to understand the level of awareness among consumers of alternative finance. 2,007 consumers and 506 SMEs were surveyed. (4) Stage four was the industry-wide tracking survey among UK crowdfunding associations and P2P associations to gather industrial figures for year 2014. Transactional data was collected for quarters one to three of 2014."

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