We are proud to announce that the T.J. Martell Foundation made this year’s Classy 100 list, an annual compilation of the growing nonprofits on Classy, the world’s leading online fundraising platform for social enterprises. Classy released in February the 2016 Classy 100 using a proprietary growth score calculation as the basis for recognition. The organizations that represent the top one hundred growth organizations this year on Classy were generated through a calculated score that took into consideration revenue growth from three areas: monthly revenue growth on Classy above the platform baseline, year-over-year revenue growth on Classy, and overall revenue size on Classy.
“Scaling an organization is extremely hard work, whether you’re running a for-profit company or a nonprofit organization,” said Scot Chisholm, CEO and co-founder of Classy. “However, growth in the nonprofit sector isn’t celebrated in the same way as it is in the for-profit sector. At Classy we believe that revenue growth is an important metric for both sectors, as it represents the ability to attract and maintain new customers or supporters year over year. The Classy 100 represents a group of social good organizations who have experienced growth by delivering a world-class giving experience to their supporters year in and year out.”
To be included in the Classy 100, organizations needed to be transacting on Classy for at least January 2016—December 2016. Other criteria included at least $50K in revenue on Classy in 2016, counting transactions in all 12 months; at least $10K in revenue on Classy in 2015; and at least 25 percent year-over-year revenue growth on Classy from 2015 to 2016. The organizations recognized this year span all causes and sizes, bound together by their consistent revenue growth on the Classy platform.
Classy is the world’s leading fundraising platform for social enterprises with the goal of solving social problems more effectively and efficiently. Since launching in 2011, Classy has helped more than 3,000 social enterprises including Oxfam, World Food Program USA, and National Geographic to raise hundreds of millions of dollars. Classy also hosts the Collaborative, a 3-days summit and awards ceremony, that brings together impactful social enterprises and celebrates achievements in the sector. Based in San Diego, CA, Classy employs a staff of over 200 people and was recognized by Fast Company in 2016 as one of the world’s 10 Most Innovative Companies for Social Good. Classy was also recognized by Entrepreneur Magazine as one of the 10 Most Brilliant Companies for Social Impact in 2016 and listed as a “Rising Star” in the first-ever Forbes Cloud 100 list in 2016. Classy is backed by investors including JMI, Mithril and Salesforce Ventures. For more information, visit www.classy.org or follow Classy on Twitter: @Classy.