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Church income not keeping pace with inflation — but here’s how faith leaders can encourage giving and growth. Managing inflated expenses can be a source of anxiety for faith leaders, as congregations must pay for staff salaries and benefits, buildings and operations, program support and materials, missions and benevolence, and a variety of other expenses. “Most congregations are funded either exclusively by their participants or by participants and just one other source of revenue,” the report notes. And while other funding sources may include fundraisers, space rental, investments, endowments, capital funds or school tuition, the amount of money these sources contribute is, on average, no more than 15% of a congregation’s total income, per the report. Therefore, giving remains a key income source for churches across the country. Read more HERE
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