Finances of The Church of Jesus Christ of Latter-day Saints

Finances of The Church of Jesus Christ of Latter-day Saints (LDS Church) are similar to other non-profit and religious organizations, where the principal source of funding comes from the donations of its members and the principal expense is in constructing and maintaining facilities.

When the LDS Church takes in more donations than it pays out in period expenses, it uses the surplus to build a reserve for capital expenditures and for future years when period expenses may exceed donations. The LDS Church invests its reserve to maintain the principal and generate a reasonable return and directs its investments into income-producing assets that may help it in its mission, such as farmland- and communication-related companies (see below).

The LDS Church has not publicly disclosed its financial statements in the United States since 1959. The LDS church does disclose its financials in the United Kingdom and Canada where it is required to do so by law. In the UK, these financials are audited by the UK office of PricewaterhouseCoopers.

The LDS Church maintains an internal audit department that provides its certification at each annual general conference that LDS Church contributions are collected and spent in accordance with LDS Church policy. In addition, the LDS Church engages a public accounting firm (currently Deloitte & Touche) to perform annual audits in the United States of its not-for-profit, for-profit, and some educational entities.