Comparison of online charity donation services
Encyclopedia
The page is a comparison of online charity donation services in the UK.
The table below gives examples of the various transaction fees for a £10 donation using each organisation, assuming they claim back the tax for the charity using gift aid
. (Remember that charities may also be charged set-up fees and monthly fees as detailed above.)
| Company | Profit-making Activity? | Commission | Card Processing Fee | Other Fees | Source |
|---|---|---|---|---|---|
| Justgiving Justgiving JustGiving is a private for-profit company formed in 2000 for the administration of charitable donations. The company's website provides online fundraising tools to enable the electronic collection of donations.- Details :... |
Yes | 5% including on gift aid | £0.13 | £15+VAT/month | |
| Virgin Money Giving | No | 2% excluding gift aid | £0.16 | £100+VAT start-up fee | |
| PayPal PayPal PayPal is an American-based global e-commerce business allowing payments and money transfers to be made through the Internet. Online money transfers serve as electronic alternatives to paying with traditional paper methods, such as checks and money orders.... |
Unknown | 1.4% (on domestic donations to non-profits) | £0.20 | None | |
| Bmycharity Bmycharity Bmycharity provides online sponsorship and donation processing services to UK charities and their supporters. Individual fundraisers use Bmycharity's personal sponsorship pages to collect secure online credit and debit card sponsorship donations from fundraisers which would otherwise be collected... |
Unknown (BMY Limited Bmycharity Bmycharity provides online sponsorship and donation processing services to UK charities and their supporters. Individual fundraisers use Bmycharity's personal sponsorship pages to collect secure online credit and debit card sponsorship donations from fundraisers which would otherwise be collected... hosts the service and is for-profit) |
0% | £0.16 | £150 (+VAT?) start-up fee |
The table below gives examples of the various transaction fees for a £10 donation using each organisation, assuming they claim back the tax for the charity using gift aid
Gift Aid
Gift Aid is a UK tax incentive that enables tax-effective giving by individuals to charities in the United Kingdom. Gift Aid was originally introduced in Finance Act 1990 for donation from 1 October 1990, but was originally limited to cash gifts of £600 or more...
. (Remember that charities may also be charged set-up fees and monthly fees as detailed above.)
| Justgiving | Virgin Money Giving | PayPal | Bmycharity | |
|---|---|---|---|---|
| Donation | £10.00 | £10.00 | £10.00 | £10.00 |
| Tax reclaimed (Gift Aid) | £2.50 | £2.50 | ??? | £2.50 |
| Commission | £0.64 (= 5% of 10 + 2.5) | £0.20 (= 2% of 10) | ??? | £0.00 |
| Card processing fee | £0.13 | £0.16 | £0.20 | £0.16 |
| Charity receives | £11.73 | £12.14 | ??? | £12.34 |