The Church of Jesus Christ of Latter-day Saints (LDS Church), often referred to as the Mormon Church, is one of the wealthiest religious institutions in the world. While religious organizations rarely disclose detailed financial reports, public estimates, leaks, and tax filings have helped shape a clearer picture of the Church’s net worth, earnings, and global influence.
Net Worth of the Church of Jesus Christ of Latter-day Saints
As of recent estimates, the Church’s total net worth is believed to exceed $100 billion. This figure includes investments, real estate holdings, and other assets managed through entities like Ensign Peak Advisors, the Church’s investment arm. In 2019, a whistleblower complaint to the IRS suggested that Ensign Peak Advisors alone managed over $100 billion in funds, confirming long-suspected figures.
Beyond investment portfolios, the Church also owns extensive real estate across the United States and in other countries, including farmland, commercial buildings, and residential property. Its vast land holdings make it one of the largest private landowners in the U.S.
Earnings and Financial Sources
The Church earns money primarily through tithing, a religious obligation where members donate 10% of their income. With over 17 million members worldwide—millions of whom are active tithe-payers—this generates billions annually. While precise annual earnings are not publicly disclosed, estimates suggest the Church takes in around $6–7 billion per year.
Apart from tithing, the Church earns income from investments, businesses, and commercial real estate. It owns for-profit entities such as Deseret Management Corporation, which oversees media companies, insurance, and publishing businesses. Although these are managed separately from tithing funds, they still contribute to the Church’s overall financial footprint.
Global Membership Growth
As of 2024, the Church of Jesus Christ of Latter-day Saints reports a worldwide membership of over 17 million. The U.S. remains home to the largest population of members, with significant growth in Latin America, Africa, and the Philippines.
While membership has grown steadily for decades, recent years have seen slower growth rates in North America and Europe. However, developing regions continue to see new conversions and baptisms, which maintain the Church’s global expansion.
Final Thoughts
The Church of Jesus Christ of Latter-day Saints commands significant financial and social influence. With an estimated net worth exceeding $100 billion, billions in annual earnings, and a membership that spans the globe, the LDS Church remains one of the most financially robust religious institutions in the modern era.