Evangelical churches and ministries saw an increase in giving in 2017, the highest increase since 2014, according to a new report by the Evangelical Council for Financial Accountability.
ECFA-accredited organizations received approximately $13.3 billion in cash donations in 2017, a 5.9 percent increase compared to 2016, which contrasts with a 2.2 percent increase seen for 2015–2016 and 2014–2015, and the 6.1 percent increase reported between 2013–2014.
The 5.9 percent increase in giving to ECFA’s approximately 1,700 member organizations is also higher than the 3.5 percent average increase between 2007–2017.
ECFA President Dan Busby said in a statement released last week that he was “so pleased to see this increased support for Christ-centered churches and ministries.”
“This surge in generosity positions ECFA members to make a greater positive impact for their causes both domestically and internationally,” he added.
ECFA’s findings that evangelical ministries saw a considerable increase in donations from 2016 to 2017 was part of their “State of Giving 2018” report released on Nov. 27.
The State of Giving report also found that larger church ministries saw bigger increases than smaller church ministries and that “non-cash giving” decreased slightly.
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SOURCE: Christian Post, Michael Gryboski