A challenge I’ve come across with small organizations is finding a nonprofit fundraising idea that will make a big impact, but will also be inexpensive.
One of the main objectives of Raklet is to make the nonprofit fundraising process easier and more effective. We constantly ask ourselves how much we meet our goal as a communication and payment platform, and try to improve based on our customers’ needs.
Let’s look at the numbers that speak for themselves.
The chart below shows the membership fee payment rates of one of our organizations, who have been using Raklet for more than 2.5 years.
This organization started using Raklet in 2016. As you can see, Raklet provided an extra revenue of 60% after the first year of usage. This is not a number to take lightly, especially for a nonprofit that’s trying to expand their reach.
This report has been generated with the data collected until March 2017. So, considering the first three months of each year, it is easy to see a constant increase in their revenue.
So, what was the reason for such an increase in the revenue of the organization? A healthier communication with the community through an updated database, our one-click payment feature, and the automatization of the payment processes seem to be the main factors.
If you have difficulty funding your projects or if the payment rates of your membership fees are too low, it can be a good idea to give a try to Raklet and see the results. You will not regret making the switch.
To read more about nonprofit organizations and how to reach your utmost potential, check out our pillar content where we have created an ultimate guide. You can also check out our other nonprofit fundraising articles below: