Jason Bourne wrote: [
Well I do not know for certain nor do you as the books are not open. But if we add fast offering assistance, assume an average ward pays out $20,000 a year in such assistance (food, rent, medical help, utilities) which is a fair assumption and multiply that by 25,000 wards we get $500.000.000 annually. Now we would need to add to that all other humitarian aid that the Church does world wide which is not insubstantial, but I cannot obtain a number but let's guess that that may be $100,000,000 soo maybe the Church does about $600,000,000 a year in such aid. I read in the book Mormon America that a good estimate of the annual income for the Church is $6,000,000,000. So my guess is about 10% a year. So while I cannot prove this I think it is a reasonable guess based on what I know about Church finances and such activities.
Now we also have to consider that the Church has a large payroll because it is a large organization that needs employees. And it supports money consuming assets, IE buildings the generate no income or consume it. And it needs the build more buildings every year for its growing membership. And it needs to have money to run the programs of each ward. So a large amount of its income goes to operating the Church affairs that are valid uses of its resources.
A better question is how much of it bottom line after the things I outline above goes to the poor, etc. My guess is it is substantial.
Try again..
According to the Churches website it has donated:
HUMANITARIAN CASH DONATIONS
SINCE 1985: $259.8 MILLION
VALUE OF HUMANITARIAN MATERIAL ASSISTANCE
SINCE 1985: $750.9 MILLION.
Or a total of a little over
1 Billion over 22 years or about 45 million a year. Time Magazine estimated ten years ago the Annual income of the church at 5 Billion a year. Assuming just the same figure ten years later that works out to less than a ½ a percent per year.
http://newsroom.LDS.org/ldsnewsroom/eng ... nformationby the way, the figures used by the church may very well be counting man hours of donated labor - noble on the part of the saints who did the service but sorta cheesy on the part of your leaders to count it.
Also .. If you think 100 million a year in fast offerings is accurate then you should be asking yourself what church leaders are doing with the difference..
God has the right to create and to destroy, to make like and to kill. He can delegate this authority if he wishes to. I know that can be scary. Deal with it.
Nehor.. Nov 08, 2010
_________________