Saturday, November 08, 2014
Lifeway Study: Nearly 1 in 4 US Churches Spend More Than Their Budget
Lifeway Research Survey suggests U.S. church spending may be out of sync with member donations.
A September survey of 1,000 pastors, ministers, and priests revealed that two-thirds of U.S. Protestant churches are incurring expenditures meeting or exceeding their 2014 budgets. Of that number, 46 percent of church bodies reported that their spending matched their budgets while 22 percent stated that their receipts exceeded their budgets.
Only 29 percent of churches kept their spending below budget. Read more
See also
Almost a quarter of US churches are overspending
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