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economic benefits of a church


jv_coach

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5 Additional Economic Benefits of Church.

(1) . An average sized church congregation (200-400 members) brings in $4.2 million annually into area businesses. When adding up the economic revenues of things like weddings, funerals, events, conferences, etc. the community benefits on gas-stations, restaurants, and other service industries are quite huge. The financial impact of larger churches (3000-4000 members) average an economic benefit of around $11.2 million annually. – (Cnaan, 2011) – O’Reilly, David. 

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(2). For poverty alleviation, the average small church invests around $140,000 a year into it’s community. (E.g., Food shelves, free financial/legal counseling). Most churches give at least 10% of their budgets back to missions and outreach. (O’Reilly, 2011; 

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(3). Large churches increase Property Values – Draw Home-owners: According to a large study (tracking over 5000 houses), houses within a half-mile of a large church generally experience a 6.27% increase in property value. For eg. A church with over 1500 attendees could easily draw 40 new families to relocate – especially so when a demographically young church moves into a city with below average home costs. (Carroll, Clauretie & Jensen, 1996), Journal of Real Estate Finance and Economics – University of Nevada in Las Vegas.

(4). Churches are statistically proven to decrease crime rates – particularly decreasing levels of assault, burglary, larceny (Bainbridge 1989), as well as drug use (Fagan 2006).

(5). An average sized church congregation adds “community services” equivalent to $115,009 per year. (E.g., Elderly care, Addiction recovery programs, after-school mentoring, etc). (Boddie, et al. 2001) See 

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 “Faith-based relief groups are responsible for providing nearly 80 percent of the aid delivered thus far to communities with homes devastated by the recent hurricanes.”

 

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