YourCause Grows By 60% In 2013 and Expects Similar Trend In 2014
YourCause, LLC, provider of the CSRconnect employee engagement solution, has released their 2013 revenue growth rate of 61%. Since 2009, the company has consistently grown revenues by more than 60% year-over-year and expects to do the same in 2014. Similarly, the company employee headcount and total number of clients grew by more than 50% through the same time period.
“Our growth does not surprise me, as our entire team has remained passionate, dedicated, and true to our mission. This is a formula that will pave the way for ongoing, sustainable growth and delivery of huge positive social impact in the coming years,” said Founder and CEO Matt Combs. “We’re just getting started. I see no reason why YourCause can’t become the sole leader in this space in the next 36-months by recruiting the right people to the company, staying focused, and making smart decisions for our future product roadmap.”
Throughout 2013, YourCause made several enhancements to the CSRconnect platform. New features include the personal sustainability platform (PSP) to track individual environmental contributions, an enhanced disaster response tool that supported events like the Sandy Hook Elementary shooting and Typhoon Haiyan, an integrated partnership with Silicon Valley Community Foundation to process donations for the largest group of domestic and international non-profit organizations, the release of a new campaign fundraising product to support some of the largest campaigns throughout the industry and much more.
“The ongoing growth of our product played a huge role in the growth of our company as a whole and we have no plans to dial back our focus on growing our feature set. We strive to become the only true one-stop-shop in the industry,” said Matt Combs. “This coming year we will introduce new solutions that will significantly add value to our platform and best position our company to rapidly scale,” added the CEO.
In 2014, YourCause expects to engage more than 35,000 non-profit organizations, process more than $100 million in donations, log greater than four (4) million hours in volunteer time, and empower users from more than 100 countries. YourCause also plans to expand their operating team by more than 50%, with the largest growth rate concentrated on the product and technical development departments.