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WebApr 1, 2024 · GoFundMe is one of the biggest crowdsharing platforms on the planet. It helps raise money for events including celebrations or help with funding bills from accidents or illnesses. Since GoFundMe was started in 2010, it’s run more than 2 million campaigns and raised more than $5 billion. WebApr 15, 2024 · About GoFundMe Taxes for Organizers April 15, 2024 Updated Donations made to personal GoFundMe fundraisers are generally considered to be "personal gifts" which, for the most part, are not taxed as income in the United States. Additionally, these donations are not tax deductible for donors. WebNov 14, 2024 · GoFundMe is a for-profit company. It charges a 2.9 percent payment-processing fee on each donation, along with 30 cents for every donation. That means if a campaign raised $1,000 through 10 ... cropped red long sleeve