Almost one in four Protestant churches in the US are spending more than their budgets allow, a new survey has found.
A study by Lifeway Research shows that only 29 per cent of churches have kept their spending below budget in 2014, while around half – 46 per cent – are on target and 22 per cent are exceeding funds.
“The most recent of recession revealed poor habits among Americans in term of spending and lending. Surely churches have had to learn some of these same lessons,” Research Director at Lifeway, Scott McConnell, said.