How does CanadaHelps support itself?
CanadaHelps is a self-funded charity. We charge a transaction fee between 3.75% – 5.5% of donations depending upon the type of donation you make and whether the charity actively uses the CanadaHelps platform to accept donations.
Overall, just 1.8% of donation dollars goes to CanadaHelps, enabling us to continue to build and provide the new and innovative online fundraising tools that small to medium charities need, at the best, non-commercial rates. The remainder goes to payment processing costs of credit card companies, banks and other financial institutions.
We are also thankful for the generous contributions made by individual donors, and, from time to time, charitable foundations or corporations that support us. They recognize the vital work done by small to medium sized charities, and the need for these charities to have the open access to a secure fundraising platform at a fraction of the cost of the alternative for-profit solutions that we provide.