Sponsored by TruthFinder Have you ever googled yourself? WePay Review: Fees, Comparisons, Complaints & Lawsuits This will work for all country regions and various VAT percentages in those respective countries. One transaction fee—that's it 2.9% + $0.30 Automatically deducted from each donation, so you never have to worry about paying a bill. Kickstarter Alternative GoFundMe Should Not Be Overlooked By Businesses 0% Donors can choose to "tip" to cover that fee, but if they do not, it will be deducted from your fundraising amount. 3. GoFundMe's fee is 5% from each donation you receive. Based on the location of the charity / non-profit you're donating to, the fees shown below are deducted before we send the funds to the charity: * If you're donating to a UK charity in any other currency than GBP, the processing fee is 2.9% + 20p. 2022 New: a free calculator to see your restaurant's potential profit margin February . For payments below $10.00, Kickstarter charges five percent plus $0.05 per pledge whereas GoFundMe charges 2.9 percent plus $0.30 per pledge. Allow donors to donate to specific programs. Crowdfunding Fees: The True Cost of 7 Popular Platforms Are Crowdfunding Donations Tax Deductible? - The Balance One such example is the Save the North Bend Theatre project that surpassed its $100,000 goal by more than $7,000. Let's do the math together If you raised $500 from 5 donors GoFundMe will never charge your donors anything." I should note that there are actually two different kinds of fundraising campaigns that you can conduct on GoFundMe. GoFundMe is a crowdfunding platform that can be used in a multitude of ways, both for personal and business initiatives.