Jump directly to the Content

Shepherding in a Shifting Financial Landscape

The pandemic intensified existing economic challenges for churches—and catalyzed new ones.
Shepherding in a Shifting Financial Landscape
Image: Photos by Boy Anupong

Salem Baptist Church of Chicago got creative with ministry funding in 2020. The predominantly Black megachurch served 15,000 meals to needy Chicagoland residents during the COVID-19 pandemic, funded in part by government grants received through a nonprofit organization affiliated with the church.

Giving from church members held strong, said pastor of ministries Shaun Marshall, but increased ministry necessitated new funding streams. Now with the pandemic continuing to fluctuate, Salem has realized its new funding model probably is here to stay.

Among COVID-19’s lessons: “The church cannot be dependent upon just one stream of revenue,” Marshall said. That is one of several economic changes financial experts see on the immediate horizon for churches. Pastors, they say, should prepare for unique financial challenges over the next two years, driven in large measure by the global pandemic.

Shifting Funding Models

Churches will need more capital over the next two years. Average ...

Subscriber access only You have reached the end of this Article Preview

To continue reading, subscribe to Christianity Today magazine. Subscribers have full digital access to CT Pastors articles.

November
Support Our Work

Subscribe to CT for less than $4.25/month

Homepage Subscription Panel

Read These Next

Related
Andy Crouch: The Definition of Culture
Andy Crouch: The Definition of Culture
Culture is the fruit of the human quest for meaning in the world.
From the Magazine
How Scripture Keeps Surprising Me
How Scripture Keeps Surprising Me
As a child, I hid God’s Word in my heart. Now it sneaks out when I least expect it.
Editor's Pick
How Might the COVID-19 Crisis Reshape our Churches for Good?
How Might the COVID-19 Crisis Reshape our Churches for Good?
We have a unique opportunity to reset, pivot from old patterns, and look afresh at the future.
close