Finances of The Church of Jesus Christ of Latter-day Saints - Current Source of Funding

Current Source of Funding

Most of the LDS Church's revenues comes in the form of tithes and fast offerings contributed by church members. Tithing donations are used to support operations of the church, including construction and maintenance of buildings and other facilities, and are transferred from local units directly to LDS Church headquarters in Salt Lake City, where the funds are centrally managed. It is estimated that about ten percent of its funding also comes from income on its investments, mostly direct investments.

Fast offerings donations are used to assist both church members and non-members in need. As part of the church's welfare program, the funds may be used to stock a local Bishop's Storehouse or food bank to assist in caring for those in need.