Tag: church finances

5 Ways to Protect Your Church From an IRS Audit

When scrutinizing your church's activities, confirming that every ministry and department directly corresponds to the church's core mission is essential.

7 Tax Rules Churches Must Know for Year-End Giving Receipts

For church members to claim a tax deduction, they need bank records or a written donation receipt. Churches must follow specific rules when issuing these receipts.

Important Year-End Considerations

There are noteworthy updates and considerations that you should incorporate into your 2023 records.

Giving and Receipts: What You Need to Know

Ongoing donations are vital to most nonprofits, but it’s not always easy to get people to give to your cause, and it’s been challenging with the most recent financial challenges facing churches and ministries today.

Survey: Race and Gender in Fundraising

The national sample of 1,010 evangelical Protestants was shown the same ad, but the child pictured was either Asian, Black, Latino, or White.

Fewer Churches Face Limited Cash Reserves

Slightly more churches today have reserves ranging from 16 to 51 weeks. In 2016, 27% said that was the case. Today, 32% have that amount on hand. The percentage of pastors today who say their congregation has more than a year’s worth is similar to 2016 (23% in 2016 vs. 24% now).

5 Ways to Work With a Tight Church Budget

Easing the stress of finances during lean times

10 Ways to Financially Prepare for 2021

Guidelines for church finances in the new year