The Cost of Faith: Examining the Wealth of the Mormon Church
Tithes, Investments, and Ethical Questions: How Religious Wealth Aligns—or Conflicts—with Biblical Stewardship The Church of Jesus Christ of Latter-day Saints (LDS Church), commonly known as the Mormon Church, claims over 17 million members worldwide. Alongside spiritual instruction, the church manages an enormous financial empire—collecting billions in tithes, holding extensive real estate, and maintaining a portfolio of businesses and investments. While some of this wealth supports humanitarian and missionary work, the majority is retained, raising the question: how much of this wealth is truly advancing God’s mission? Estimates suggest that the LDS Church collects $7–8 billion annually from member tithing. These funds are claimed to support local congregations, temples, missionary efforts, and church operations. In addition, Ensign Peak Advisors, the church’s investment arm, reportedly manages a portfolio exceeding $100 billion, including stocks, bonds, and other securities. Critics...