Fundraising for essential expenses increased 20% in 2025, according to GoFundMe. Donors are contributing to "rent, utilities, groceries, fuel for heating," CEO Tim Cadogan told @BrianSozzi.

Mar 12, 2026, 2:20:50 PM UTC(5 hours ago)
Impact: Medium

Affected Assets

  • Fundraising for essential expenses increased 20% in 2025, according to GoFundMe. Donors are contributing to "rent, utilities, groceries, fuel for heating," CEO Tim Cadogan told @BrianSozzi.
  • GoFundMe reports a 20% increase in fundraising for essential expenses like rent, utilities, groceries, and fuel in 2025.
  • CEO Tim Cadogan stated the increase, highlighting a concerning trend of users seeking help for basic needs.
  • This follows a steady increase in such campaigns in recent years, according to Cadogan.
  • Cadogan made the comments on the Opening Bid Unfiltered podcast.

Sources

🏦 Fundraising for essential expenses increased 20% in 2025, according to GoFundMe: Donors are contributing to "rent, utilities, groceries, fuel for heating," CEO Tim Cadogan told @BrianSozzi. https://t.co/ETS2DAMkMa
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