Greater frequency generates higher levels of giving:
I was just reviewing some data for the most recent quarter regarding the relationship of annual dollar volume to the frequency of giving. Several months ago I wrote about this topic, noting that the largest annualized gifts were from bi-weekly givers. This trend has continued. Our most recent update to our data, which has been compiled since 2009, indicates that those who donate bi-weekly give $2012 on an annualized basis. This is closely followed by weekly givers donate $1819. The numbers drop significantly for monthly ($1278) and quarterly ($737).
So even though there are more donations to reconcile for the parish, the numbers suggest that greater gift frequencies provide more income for the parish. While the amount per individual gift is smaller for the greater frequencies ( average weekly gift is around $34 while the average monthly gift is $106), the annual gift to your parish is larger.
Is your parish experiencing this?
Both ACH (direct withdrawal) and Credit Card work:
We also continue to see a fairly even distribution of contributors who elect to use credit card or ACH methods of payment. About 60% are using credit cards and 40% use ACH transactions. Gifts from credit card donors are about 7% greater than for ACH. See our indicator. The effects of frequency are consistent regardless of the choice of donation.
Which method do you prefer to use?
Online Giving exceeds $100 million
We have exceeded $100 million in processing for Online Giving and parishioner use continues to increase. You may want to join the growing group of parishes who have over 30% of parishioners using Online Giving.
We are grateful that you have chosen to use Online Giving. It's a great way to improve service to parishioners. We remain committed to serving the church through all of our offerings and materials. please contact us with your thoughts and ideas.