Church Giving Trends: Navigating Inflation and Engagement

Churches are navigating a challenging financial landscape, as donations have struggled to keep pace with inflation for two consecutive years. According to the Evangelical Council for Financial Accountability (ECFA)’s State of Giving report, church giving trends show a 1% decline in inflation-adjusted cash-equivalent donations in 2023, compounding a 3.8% drop the previous year. While attendance has risen in many congregations, the average amount given per individual has declined.

Economic pressures have strained church budgets, with rising operational costs and fewer volunteers exacerbating the challenge. Seventy percent of ECFA member churches reported struggling to keep up with inflation, leading some to forego Christmas bonuses and other expenditures. For many churches, year-end giving between Thanksgiving and Christmas remains a critical period, often contributing up to a third of annual donations.

Despite these hurdles, there is optimism. Around 56% of surveyed churches reported giving was trending higher in 2024 compared to the previous year, and 63% anticipated increased December donations. Larger churches with extensive donor bases and those leveraging digital giving platforms have fared better, with megachurches seeing consistent growth in giving over the past decade.

Engagement is a key factor influencing giving trends. Churches that foster a sense of community and encourage volunteerism see stronger financial health. Digital giving solutions, like Pushpay, have further eased donation processes, accommodating methods such as Apple Pay, Venmo, and even cryptocurrency.

As churches adapt to economic uncertainty, ECFA leaders recommend focusing on mission-driven messaging rather than budgetary concerns to inspire generosity. While strategies like accepting stock gifts and leveraging tax deductions help, ultimately, churches are relying on faith and the resilience of their communities to weather financial challenges.

To find out more, read the original article in Christianity Today.