Local Churches Hard Hit as Recession Spreads

As the effects of the Great Recession continue to ripple outward, many churches are having a difficult time meeting their budgets. There has been an uptick in foreclosures of church properties across America, and this is in addition to the budgetary belt-tightening that congregations are performing in order to stay solvent. And as local governments face shortfalls as well, bureaucrats are increasingly casting covetous eyes on properties that do not generate tax revenue. These are all factors in an economic context that bodes ill for the fiscal future of many American churches.