Church Finance

“With so much movement in the U.S. economy coming out of the 2020 recession, six specific factors will directly affect churches in 2022.” - Lifeway

“It’s not just Lakewood. So far, 99 Christian orgs have repaid their Paycheck Protection Program loans.” - C.Today

Related, at RNS: For some churches, paying back PPP loans is better than forgiveness

“Megachurches and the men who lead them can be superrich. So why don’t the IRS and local authorities see a cent in taxes?” - RNS

“…far too many churches are handling designated giving in ways that can get them in trouble. That trouble can range from morale problems among members and staff to losing your non-profit status with the Internal Revenue Service.” - Thom Rainer

“When Welch canceled FBC’s longtime Christmas pageant, an event that drew thousands of attendees annually, local press began covering the internal drama. Church member Deanna Weilhouwer, who sold pageant tickets for 24 years, told the Sun Sentinel those sales funded about one-third of FBC’s annual budget.” - C. Leaders

“85% said cash giving in 2020 came rather close to 2019 cash giving numbers—with a sizable portion of that group saying that 2020’s cash giving ended higher than 2019’s.” - C.Today

“When understood and implemented fully, this can be a lifelong tax advantage for all ministers. Unfortunately, there’s still a lot of misunderstanding about how it works. Here are the basics of what you need to know” - C. Leaders

Brian Houston: ““We are particularly grieved that, in many cases, inaccurate accounts in these stories have been reported as if they are true. Hillsong Church strongly refutes that our culture casually allows for such gross misuse of church funds.” - CPost

“Churches must be proactive to be above reproach with finances. Four key safeguards will help your church stand up under scrutiny.” - CPost

“According to a new survey from Nashville-based LifeWay Research, almost half of U.S. Protestant pastors (48%) say the current economy is negatively impacting their church, including 5% who say the impact is very negative.” - CToday