Jump directly to the content

Survey Says: Encouraging Signs, but Room for Improvement

Churches doing more with less, struggling with implementing policies, ECFA says.

Survey Says: Encouraging Signs, but Room for Improvement

A recently released financial management survey explores the overall financial health of churches across America. Conducted by the Evangelical Council for Financial Accountability (ECFA), the survey includes responses from nearly 900 churches, with 43 percent of those churches carrying an operating budget of $4 million to $5 million and around 15 percent with a budget of $250,000 or less.

Six specific findings provide insights into the financial health of churches—and opportunities for improvements.

1. Perception versus reality

Churches feel pretty good about the effectiveness of their financial policies and budgeting. Of those surveyed, 86 percent of churches indicate they are "very effective in financial policies" and about 88 percent say they are "very effective in budgeting." These high statistics, however, contrast with the findings that half are undecided ...

Join now to access this member-only content

Become a Member

Already a member? for full access.

Related Topics:
Posted:
  • August 19, 2015

Related ResourcesVisit Store

Your Complete Guide to Virtual Church Meetings
Your Complete Guide to Virtual Church Meetings
A toolkit for legal and compliant business meetings
Church Finance
Church Finance
Learn about budgeting, financial reporting, tax compliance, insurance coverage, and more.
Internal Controls for Church Finances
Internal Controls for Church Finances
Learn how to protect your church's money.
Essential Guide to Money for Church Boards
Essential Guide to Money for Church Boards
Church board members should have a basic understanding of these financial issues.