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founded 3 years ago

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June 2023 financial update for lemmy.ca (lemmy.ca)

submitted 1 year ago by smorks@lemmy.ca to c/main@lemmy.ca

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This is a little late, but I figure that it's better late than never!

For full transparency, I'm just going to give a high level overview of the financial situation of lemmy.ca through June 2023, when I started to accept donations.

Total Expenses: $30.00

This includes all hosting fees, including backups, etc.

Total Contributions: $1,503.03

$1,184.84 through LiberaPay
$318.19 through OpenCollective

All contribution amounts are not including payment processor and/or OpenCollective fees.

Remaining Balance: $1,473.03

I plan on transferring the remaining balance to the new admin team, whenever they are ready to accept it.

Thank you to all that have contributed so far, I couldn't have gotten the instance to where it is now without your generosity. I'm very excited to see what comes next and look forward to watching the instance grow more!

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[–] avidamoeba@lemmy.ca 5 points 1 year ago* (last edited 1 year ago)

IMO, if you can't afford it, don't do it. What we really need is the ones of us who can afford a few bucks a month to actually give it. We should be able to get enough without having people who can't afford it to have to pick this over more basic needs.