It’s easy to dream up new fundraising ideas and imagine wild success. But it’s a lot smarter—and more effective—to rely on data. Tracking data can illuminate trends in donor behaviors and motivations that allow you to tailor your outreach efforts in ways that will work.
A robust monthly giving program is one of the most foundational elements of a nonprofit's success. Supporters who pledge to make a recurring gift are your most loyal donors; following their behavior and patterns can help nonprofits appeal to like-minded donors and strengthen your programs.
The most efficient way to track donor engagement and find these patterns is by using a robust CRM. You can then use statistics and industry data to predict future behavior and expected results.
Here’s a great place to start! These general statistics clearly indicate that recurring giving is gaining popularity with donors. And that’s good news for nonprofits!
Why is this good news for nonprofits? Donors have become accustomed to the “subscription economy.” Whether it’s their local gym or a music-streaming service like Spotify or a movie-streaming service like Netflix, we’re all accustomed to paying a monthly charge.
Because a recurring giving program provides a strong and reliable base of financial support, it’s a critical component of a successful strategy. Because of this, nonprofits should focus on making it as easy as possible to make a monthly commitment.
It is recommended that every fundraising team explore ways to establish or strengthen a monthly giving program!
Now that we’ve established the popularity of recurring giving and the importance of a strong program to nonprofit stability, let’s take a look at the preferred frequencies for recurring gifts. Some of these numbers might surprise you!
There are two significant takeaways from this data. First, monthly giving is the most popular, so that should be an option on your donation form.
Second, when there’s a natural seasonal spike in giving, it’s an opportune time to reach out to your donors to convert them to recurring givers.
The first step is getting one-time donors or first-time donors to convert to monthly giving. But after that, you need to retain those donors! If monthly giving is a bucket, you want to be pouring in new donors at the top...and make sure no one is leaking out the bottom.
Here are some interesting statistics about retention rates:
The data clearly shows that once you have a recurring donor, steward them! The more you can retain donors, the stronger your program and your nonprofit will be.
The most successful and largest nonprofits prioritize donor stewardship and retention outreach. The critical importance of these loyal donors can’t be stressed enough!
The data is clear: recurring giving is rising, monthly donations are preferred, and donor retention is essential to nonprofit sustainability. Understanding these trends allows nonprofits to refine their strategies, ensuring they attract new recurring donors and retain them for years to come.
However, while industry statistics offer valuable insights, they are just a starting point. Every nonprofit’s donor base is unique, and success comes from analyzing your data to see how your donors align with sector-wide trends. Are your supporters more likely to start recurring gifts on Giving Tuesday? Do your monthly donors stay engaged long-term? Are you losing revenue due to failed payments?
The only way to answer these questions—and adjust your strategy accordingly—is by having a robust nonprofit CRM in place. A powerful CRM helps you track donor behavior, identify key trends, and personalize outreach, making converting one-time donors into long-term supporters easier. By investing in the right technology, nonprofits can optimize their recurring giving programs and create a sustainable foundation for the future.
Start using data to your advantage and make recurring giving a core part of your fundraising success!
If you’re looking for additional resources to explore ways to promote recurring giving successfully, here are some top articles to check out: