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Total revenues for 2025's 30 largest U.S. peer‐to‐peer fundraising campaigns increased some 3.4% over the prior year, according to an annual survey by the Peer‐to‐Peer Professional Forum, logging the fourth year of growth that began after the COVID‐19 pandemic. In total, the top P2P campaigns raised a combined $1.17 billion in revenue, up about $30 million from 2024 levels.
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A 2026 study studied this question.
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