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

submitted 2 years ago by [email protected] to c/[email protected]

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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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[-] [email protected] 5 points 2 years ago* (last edited 2 years 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.

this post was submitted on 19 Jul 2023

265 points (98.9% liked)

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