LifeWay Study says 1 in 4 Churches Spend More Than Their Budget

church-offering

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.

Lifeway Research Director Scott McConnell said of the numbers, “The most recent of recession revealed poor habits among Americans in term of spending and lending. Surely churches have had to learn some of these same lessons.”

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SOURCE: STEPHANIE SAMUEL 
CHRISTIAN POST

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