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 ...

January/February
Support Our Work

Subscribe to CT for less than $4.25/month

Homepage Subscription Panel

Read These Next

Related
POTENTIAL LEADERS: WHEN ARE THEY READY
POTENTIAL LEADERS: WHEN ARE THEY READY
How to know when newcomers, whether apparent superstars or humble servants, are ready for church office.
From the Magazine
Christianity Today’s 2024 Book Awards
Christianity Today’s 2024 Book Awards
Our picks for the books most likely to shape evangelical life, thought, and culture.
Editor's Pick
The Last Gift My Father Gave Me
The Last Gift My Father Gave Me
A surprising encounter with my dad, Jesus, and Jerry Seinfeld opened a door to long-awaited healing.
close