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Is Wikipedia a good charity?

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Is Wikipedia a good charity?

Is Wikipedia a good charity?

The site is a non-profit and it's mission, as per its founders, is to ensure that everyone can share and access free information. With the website's recent call for donations, Wikipedia users are quickly realizing the cost of keeping the knowledge free.

How much money does Wikipedia get from donations?

Wikipedia:Fundraising statistics
YearSourceRevenue
2018/2019PDF$ 120,067,266
2017/2018PDF$ 104,505,783
2016/2017PDF$ 91,242,418
2015/2016PDF$ 81,862,724

How Wikipedia is funded?

Unlike other top websites, Wikipedia is not funded through advertising, nor does it rely on selling data about users for profit. Instead, Wikipedia is supported by its readers - people who find value in Wikipedia and want to continue to support its success, with the average donation being about $15 USD.

Who owns the Wikimedia Foundation?

Jimmy Wales Jimmy Wales is an Internet entrepreneur and wiki enthusiast, and founder of the Wikipedia project. Jimmy was born in Huntsville, Alabama in 1966, and is a graduate of Auburn University and the University of Alabama.

Is Wikipedia really going broke?

But is the website on the brink of bankruptcy? The answer is no. Run by non-profit Wikimedia Foundation, Wikipedia's balancesheet looks quite healthy. In fact, its donations have increased many folds in the last seventeen years.

Who really owns Wikipedia?

Wikimedia Foundation Wikipédia/Proprietários Wikipedia is a non-commercial website run by the Wikimedia Foundation, a 501(c)(3) non-profit organization based in San Francisco. We are supported by donations and grants, and our mission is to bring free knowledge to everyone.

Why does Wikipedia need so much money?

According to SimilarWeb, Wikipedia.org has 5.2 billion visits in July 2020 and was the eight most popular site in the world. So, why is Wikipedia asking for donations? ... Since Wikipedia does not carry any advertisements, it depends almost entirely on donations made by its millions of readers around the globe.

Why is wikipedia asking for donations from its users?

  • According to SimilarWeb, Wikipedia.org has 5.2 billion visits in July 2020 and was the eight most popular site in the world. When an alarming red and white banner began to appear across the top of every Wikipedia page earlier this year — asking for donations to keep the site up and running — many users in India were left puzzled.

How does the Wikimedia Foundation get its money?

  • Hosted by the non-profit Wikimedia Foundation, Wikipedia uses volunteer contributors, editors and engineers to provide information for free. The website does not carry any advertisements, meaning it relies on donations made by millions of readers around the world.

Why is wikipedia asking for a coffee cup?

  • Wikipedia's founder Jimmy Wales has written in his message that they are only asking for a price of a coffee cup. Check out the full message below - We’re a non-profit that depends on donations to stay online and thriving, but 98% of our readers don’t give; they simply look the other way.

How much money has wikipedia raised to date?

  • They have a large amount of money stashed in investments from previous fundraising, and raised $75M in 2014–15 (source 2014-2015 Fundraising Report) a sum that continues to increase annually. They have a substantial burn-rate and it’s a matter of conjecture whether that brings benefit to anyone except those within the company itself.

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