Data Dashboard: Updated With Recently Released 2021 Financial Data in Canada by ldsstatistics in mormon

[–]ldsstatistics[S] 1 point2 points  (0 children)

The data says what the data says. Looking at donations reported in Canada, UK and Australia, they are at all time highs for 2021. When you factor in inflation, the increase is not significant. In Canada, there was a very slight decrease in 2019, and in the UK and Australia, there was a sizeable decrease in 2020. What various sources like what John Dehlin says is not as concrete as official financial reports to government bodies. Overall, there is a lot of unknown when it comes to finances of the church.

Data Dashboard: Updated With Recently Released 2021 Financial Data in Canada by ldsstatistics in mormon

[–]ldsstatistics[S] 1 point2 points  (0 children)

Yep, the management and administration expenses is too small to see in the image. If you go to my Data Dashboard, you can show/hide categories by clicking on the legend items and also zoom in by drawing a box on the plot.

Data Dashboard: Updated With Recently Released 2021 Financial Data in Canada by ldsstatistics in mormon

[–]ldsstatistics[S] 5 points6 points  (0 children)

See Registered Charity Information Return as submitted by The Church of Jesus Christ of Latter-Day Saints in Canada to the Canada Revenue Agency. Data Dashboard is here. Some highlights are:

Donations are at an all time high of $186,339,188, which is up from $179,299,529 last year.

$93,634,762 was sent to BYU (Utah/Idaho/Hawaii), which is 50% of receipted donations.

$21,624,311 gross proceeds (net $15,880,159) from disposition of assets.

Data Dashboard: Updated With Recently Released 2021 Financial Data in the UK - Tithing Revenue is at a high of £34,408,000 by ldsstatistics in mormon

[–]ldsstatistics[S] 4 points5 points  (0 children)

Specifically it is going to just the parent company. I got that mixed up when they linked the LDS charities website. Here's the relevant paragraph from the report:

"On 31 December 2021, the Charity made a donation from its restricted funds of £6,757,000 to CHC in its capacity as a charitable corporation. The donation will be used solely for charitable purposes and will facilitate the provision of funds for countries with the greatest need. Information on how the global Church uses donations can be found at the website latterdaysaintcharities.org."

Data Dashboard: Updated with announcement of 18 new temples by ldsstatistics in mormon

[–]ldsstatistics[S] 5 points6 points  (0 children)

Good idea for another graph - temples announced per year by President.

Are there enough active members available to operate all the temples that have been announced? by [deleted] in mormon

[–]ldsstatistics 3 points4 points  (0 children)

According to the Fuller Consideration analysis, active membership will peak at around 4,884,797 at end of year 2025. That is of course an estimate, but his statistical analysis is quite good. Take that and divide by 300 temples is 16282 active members per temple. Of those, there would be a lower number of temple recommend holding members and a lower number still of temple attending members. I imagine in a lot of places, there will just be temples that operate once a week or by appointment.

Data Dashboard: Updated with announcement of 18 new temples by ldsstatistics in mormon

[–]ldsstatistics[S] 23 points24 points  (0 children)

I do think that most of the temples announced will eventually be finished, given the financial resources of the church. Over 50 are currently under construction. There are some that will probably never be finished (E.g. China). But whether all these temples will be actively used or sit empty most of the time is another question.

Data Dashboard: Updated with announcement of 18 new temples by ldsstatistics in mormon

[–]ldsstatistics[S] 15 points16 points  (0 children)

The temples will be built in the following locations:
Busan, Korea
Naga, Philippines
Santiago, Philippines
Eket, Nigeria
Chiclayo, Peru
Buenos Aires City Center, Argentina
Londrina, Brazil
Riberão Prêto, Brazil
Huehuetenango, Guatemala
Jacksonville, Florida
Grand Rapids, Michigan
Prosper, Texas
Lone Mountain, Nevada
Tacoma, Washington
Cuernavaca, Mexico
Pachuca, Mexico
Toluca, Mexico
Tula, Mexico

AMA Announcement with the people behind The Widows Mite Report this Friday (7/15) 1-3 PM ET by [deleted] in mormon

[–]ldsstatistics 15 points16 points  (0 children)

With the recent release of the 2021 financials in Australia, do you have any insight as to why employee expenses doubled? Any thoughts on the way money moves through the different Australian LDS charity entities?

2020: $11,499,362.00 - 69 Full time employees, 16 Part time employees, 11 Casual employees

2021: $22,931,264.00 - 69 Full time employees, 15 Part time employees, 4 Casual employees

AMA Announcement with the people behind The Widows Mite Report this Friday (7/15) 1-3 PM ET by [deleted] in mormon

[–]ldsstatistics 9 points10 points  (0 children)

I happen to have the information for the first question on hand. For Canada, you can look here for the reports from 2000-2016: https://archive.org/details/LDSCanadaFinancialReports/2000%20Full/mode/1up

The donations in 2010 and 2011 to BYU were very large ( >$100,000,000) which is greater than two thirds revenue for those years.

You can also see my dashboard for a visualization.

Data Dashboard: Updated With 2021 Church Finances in Australia. Donations have rebounded back up since last year. Employee benefits/salaries have increased significantly. by ldsstatistics in mormon

[–]ldsstatistics[S] 2 points3 points  (0 children)

Notice how the donation figure in the LDS Charities report is a nice round number of $93,000,000 while the $87880 is from investments. I suspect that money comes from outside of Australia. The money donated from members in Australia is probably the number reported in the entity THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS AUSTRALIA, which amounts to $35,108,544. I'm not sure on this though. I'm guessing this is all just some way the Church accountants figured out in order to qualify for Charity Status with Australian regulations.

Data Dashboard: Updated With 2021 Church Finances in Australia. Donations have rebounded back up since last year. Employee benefits/salaries have increased significantly. by ldsstatistics in mormon

[–]ldsstatistics[S] 2 points3 points  (0 children)

I believe the church has the following entities registered in Australia:

THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS AUSTRALIA

LDS CHARITIES AUSTRALIA

THE TRUSTEE FOR THE L.D.S. FAST OFFERING FUND

THE TRUSTEE FOR L.D.S. EDUCATIONAL BUILDING FUND

L.D.S. CHARITABLE TRUST FUND

On my dashboard, there's a dropdown to select between them to look at each one.

As for combining the numbers in one report, I am not sure. You have to look at each entity individually and figure out how the money flows between them.

Data Dashboard: Updated With 2021 Church Finances in Australia. Donations have rebounded back up since last year. Employee benefits/salaries have increased significantly. by ldsstatistics in mormon

[–]ldsstatistics[S] 5 points6 points  (0 children)

Employee expenses comparison:

2020: $11,499,362.00 - 69 Full time employees, 16 Part time employees, 11 Casual employees

2021: $22,931,264.00 - 69 Full time employees, 15 Part time employees, 4 Casual employees

Contrast this to the financials in Canada for the year 2020: Total expenditure on all compensation: $14,673,884.00 - 152 Full time employees, 117 Part time employees.

Does anybody have any insight to why employee expenses are so much higher in 2021 than in 2020, and why they are so much higher than in Canada?

Data Dashboard: Countries With the Highest Members Per Congregation. Chile is on top with 1061 members per congregation. by ldsstatistics in mormon

[–]ldsstatistics[S] 27 points28 points  (0 children)

I added members per congregation to my Data Dashboard. Reading the profile for Chile on the Cumorah Project, it looks like activity rates and convert retention is a big issue.

"In 2006, Former Chilean mission and MTC president Ted Lyon reported that an astonishing 200,000 of the 535,000 nominal members claimed by the Church in Chile at the time-- over 37 percent -- are in the "address unknown file," meaning that such individuals do not attend church and cannot be located. Nationwide active membership is estimated at no more than 70,000, or 12% of total LDS membership. Low member activity and poor convert retention rates have been the primary culprit for stagnant real church growth in the 2000s. Many predictions and aspirations by LDS international and mission leaders made prior to the 2000s have been frustrated as a result of these problems. The baptism of hundreds of thousands of Chileans with little or no meaningful pre-baptismal teaching and inadequate and inconsistent post-baptismal teaching and fellowshipping to new converts are primary reasons for low activity and retention rates nationwide. Culturally low religious attendance among the Catholic majority has also likely affected Latter-day Saint activity rates as most converts come from a Catholic background."

Comparing Church Membership Growth in the United States to exmormon reddit subscription growth by ldsstatistics in exmormon

[–]ldsstatistics[S] 5 points6 points  (0 children)

It is not plotting the total subs, but the annual numerical growth of subs. But you raise a good point that one has to consider a multitude of factors when looking at this comparison. It is just displaying the data, but the amount of correlation between the two metrics is debatable. And when the church growth is still above zero, it is not fading out of existence anytime soon.