Anglican Church of Canada suffers deficit

2018 saw the largest decrease in giving since 1994.

Could this be in any way connected with the church’s compulsive obsession with all things sexual other than heterosexual marriage? Surely not.

From here:

A fall in revenues, especially contributions from the dioceses, combined with increased expenses to put the Anglican Church of Canada in a deficit position in 2018, General Synod heard Monday, July 15.

The national church’s audited financial statements for the year show that overall revenue was $11.1 million, down by $800,000—7%—from 2017, Fraser Lawton, bishop of the diocese of Athabasca and a member of the financial management committee, told General Synod. But expenses were $11.8 million—$400,000 more than the prior year, he said, citing rounded figures from the statements.

The deficiency of revenues over expenses for the year, Lawton said, was $735,322 before transfers from internally designated funds.

The decline in revenue was due chiefly to a decrease in proportional gifts from the dioceses—the money they forward to the national church every year, which makes up 83% of the church’s revenue. In 2018, proportional gifts sank to $7,898,264 from $8,416,738 the previous year—a total decline of $519,000, the audited financial statement for 2018 shows.

It was the largest decrease in proportional gifts the national church had suffered in a single year since 1994, Lawton said.

One thought on “Anglican Church of Canada suffers deficit

  1. Considering the ACoC – the APOSTATE CHURCH of CANADA – is now ruled by apostates genuine Christians should immediately cease to make ANY contributions to this deceptive organization. It is well past the time for genuine orthodox clergy at all levels to remove themselves from the ACoC to ANIC.

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