Does a congregation’s tax-exempt status outweigh the economic value it adds to its community? The University of Pennsylvania’s Ram Cnaan has long been searching for a specific answer. In a 1997 study, he found that urban congregations provide, on average, $140,000 worth of services annually. In 2009, Cnaan (who describes himself as nonreligious) revised his estimate to $476,663.24. Now he’s about to release an even more detailed pilot study focusing on 12 historic Philadelphia congregations, including First Baptist Church, whose annual value to the local economy Cnaan’s team places conservatively at $6,090,032 (nearly ten times its annual budget). Some of the
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