Finances of the Church of Jesus Christ of Latter-day Saints

Common card · No. 279558

The finances of the Church of Jesus Christ of Latter-day Saints (LDS Church) are not a matter of public record. In the absence of official statements, people interested in knowing the LDS Church's financial status and behavior, including both members of the LDS Church and others, have attempted to estimate or guess. According to the church, their funding comes from the donations of its members and the principal expense is in constructing and maintaining facilities. In the United States, the church has been designated as a tax-exempt 501(c)(3) organization since 1941 and has not publicly disclosed its financial statements since 1959. The church does disclose its financials in the United Kingdom and Canada where it is required to do so by law. In the UK, these financials are audited by the UK office of PricewaterhouseCoopers. As of 2023, the church's net worth is estimated by external sources to be around $265 billion, up almost $29 billion from the year before. This estimate would make the...

Read on Wikipedia · Image CC BY-SA 2.5