Inflation and a Decrease in Giving (08/29/24)

Subscribe: Apple Podcasts | Spotify | RSS

Plain Bible Teaching Podcast

This week we’re talking about churches facing a decrease in giving. One of the major factors leading to this is the high rate of inflation we are currently experiencing in this country. This is affecting every household, so it makes sense that it would also affect local churches that depend upon their members giving on the first day of the week to carry out their work. We’re going to talk about a few things churches ought to do in light of this reality.

STORY – Inflation in America: Churches Report Decrease in Giving

“From the grocery checkout line to the gas pump and now the church pew, Americans are closely watching what they spend and it’s putting some churches in a bind.

“‘Churches are in some instances struggling,’ Robert Blair with Ministry Brands told CBN News. ‘They’re not keeping up with inflation. Donations are down. In some instances, attendance is down.’

“Ministry Brands’ latest study shows charitable giving in 2023 failed to keep up with inflation, with 55 percent of churches seeing a decrease in giving. This hit smallest churches the hardest, with only 36 percent reporting an increase. On top of that, cash and check donations dropped for 33 percent of all churches included in the study.” (CBN News)