Goal Thermometer Chart

Excel Formulas › Charts

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The classic fundraising thermometer: one tall bar that fills toward a goal. It’s just a single-series column chart of the percent complete, styled to look like a thermometer — a dashboard favorite.


Quick formula: plot one cell: the percent of goal:
=MIN(raised/goal, 1)
Chart that single value as a column with a fixed 0–100% axis. MIN caps the fill at the goal so it never overflows.

Functions used (tap for the full reference guide):

The example

$7,500 raised toward a $10,000 goal.

AB
1MetricValue
2Raised$7,500
3Goal$10,000
4% of goal75%

The formula

One value drives the whole chart:

=MIN(B2/B3, 1) → 0.75 // chart as a single column, axis 0–100%

How it works

A thermometer is one bar dressed up:

  1. Compute percent of goal: =MIN(raised/goal, 1) — MIN caps it at 100%.
  2. Make a single-series column chart of just that one value.
  3. Set the value axis minimum to 0 and maximum to 1 (100%) so the bar fills proportionally and consistently.
  4. Style it: narrow the gap width to make a fat bar, color it red, add a rounded “bulb” shape at the base for the thermometer look.

No chart needed at all: for a quick dashboard, a vertical REPT bar or a tall cell with a conditional-formatting data bar fills toward the goal too. The chart version just looks more polished on a printed report.

Try it: interactive demo

Live demo

Set raised and goal.

Variations

Show amount + percent

Label cell:

=TEXT(raised,"$#,##0")&" of "&TEXT(goal,"$#,##0")

REPT vertical bar

No chart, wrap text + tall row.

Over-goal stretch

Let it exceed 100%:

=raised/goal

Pitfalls & errors

Fix the axis to 0–1. If the axis auto-scales, the bar always looks full. Lock max = 100% so the fill is meaningful.

Cap with MIN. Without it, exceeding the goal overshoots the axis (unless you intend to show the overage).

One value only. A thermometer plots a single percentage — don’t add other series to it.

Practice workbook

📊
Download the free Goal Thermometer Chart practice workbook
A goal thermometer (single-bar chart, fixed axis) with the label, REPT, and over-goal variants, plus 4 challenges with answers. No sign-up required.

Frequently asked questions

How do I make a thermometer chart in Excel?
Compute percent of goal with =MIN(raised/goal, 1), chart that single value as a column, and fix the axis to 0–100%. Style it with a fat red bar and a round bulb at the base.
Why does my thermometer always look full?
The value axis is auto-scaling to the single value. Set the axis maximum to 1 (100%) so the fill is proportional to the goal.
Can I make a thermometer without a chart?
Yes — a vertical REPT bar or a tall cell with a conditional-formatting data bar fills toward the goal too, which is handy for quick dashboards.

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Related formulas: Percent of goal gauge · KPI card · In-cell data bars

Function references: MIN