It is estimated the LDS church pulls in between 5 billion dollars annually in tithing revenue alone, sans additional for-profit enterprises. 1 From a Dallin Oak (LDS Apostle) 2016 address on religious freedom at the University of Oxford:2 “Care for the poor and needy is not optional or incidental in our Church. We do this worldwide. … Read more
In 2012 there was an disclaimer added to the LDS tithing slip which reads “Though reasonable efforts will be made globally to use donations as designated, all donations become the Church’s property and will be used at the Church’s sole discretion to further the Church’s overall mission.” Since 1959 the LDS church has not publicly … Read more
When asked about the Church’s lack of financial reporting by a reporter in 2002, then LDS Prophet, Gordon Hinkley responded as follows: REPORTER: In my country the…we say the people’s churches, the Protestants, the Catholics, they publish all their budgets, to all the public.HINCKLEY: Yeah. Yeah.REPORTER: Why is it impossible for your church?HINCKLEY: Well, we … Read more