04-03-2015, 02:52 PM | #1 |
Demiurge
Join Date: Aug 2005
Posts: 36,368
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How much money does the church give to charity?
I was reading a bloomberg (?) article about church finances, and if I am recalling the figure correctly, the church gives about 0.7% of its revenue to charity. They compared a mainline protestant denomination (Methodist?) that gave over 20%. They also said that the church's spending on the downtown mall project in SLC dwarfed the charitable spending that happened combined over 25 years (2 billion vs. 1 billion).
So I was reading last night about how Obama visited church leaders and how the church was extolling its spending on charity. Is there something that I am missing? Like maybe the Bloomberg article isn't correct in how it calculates the %? Churches in the Dallas area do a lot of charitable work. Heavy lifting. Running homeless shelters and the like. Mormons have no idea. |
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