How Charities Make Money

Charities survive primarily on donations, with the holiday season (and year-end tax deadline for charitable donation deductions) making December the busiest time for charitable giving. Charities need to get creative to stay afloat the other 11 months of the year.

There are five main ways charities make money and maximize their dollars: enlisting volunteers, hosting fundraising galas, selling products, sponsoring events, and advertising for attract more donations.

Key points to remember

  • The holiday season and the end of the year are lucrative for charities. The rest of the year, they have to hustle.
  • Galas, special events and product sales all raise funds.
  • Donations, especially of time, do not