Joyce Meyer - Salary and Finances

Salary and Finances

Meyer, who owns several homes and travels in a private jet (currently a Gulfstream IV), has been criticized by some of her peers for living an excessive lifestyle. She responded that she doesn't have to defend her spending habits because "there’s no need for us to apologize for being blessed." Meyer commented, "You can be a businessman here in St. Louis, and people think the more you have, the more wonderful it is...but if you’re a preacher, then all of a sudden it becomes a problem."

On November 11, 2003, the St. Louis Post Dispatch published a four part series." exposing Meyer’s "$10 million corporate jet, her husband’s $107,000 silver-gray Mercedes sedan, her then $2 million home and houses worth another $2 million for her four children", her $20 million headquarters, furnished with "$5.7 million worth of furniture, artwork, glassware, and the latest equipment and machinery, including a malachite round table, a marble-topped antique commode, a custom office bookcase, a $7,000 Stations of the Cross in Dresden porcelain, an eagle sculpture on a pedestal, another eagle made of silver, and numerous paintings", among many other expensive items — all paid for by "her ministry". The article prompted Wall Watchers (a Christian nonprofit watchdog group) to call on the Internal Revenue Service to investigate Meyer and her family.

Following the adverse publicity about her lifestyle and Ministry Watch's request for an IRS probe, Meyer announced in 2004 plans to take a salary reduction from the $900,000 per year she had been receiving from Joyce Meyer Ministries (in addition to the $450,000 her husband received) and instead personally keep more of the royalties from her outside book sales which Meyer had previously donated back to Joyce Meyer Ministries. She now retains royalties on books sold outside the ministry through retail outlets such as Wal-Mart, Amazon.com, and bookstores, while continuing to donate to her ministry royalties from books sold through her conferences, catalogues, website, and television program. "The net effect of all of this," notes Ministry Watch, "was most likely a sizable increase in the personal compensation of Joyce Meyer and reduced revenues for JMM." In an article in the St. Louis Business Journal, Meyer's public relations director, Mark Sutherland, confirmed that her new income would be "way above" her previous levels. Joyce Meyer Ministries says it has made a commitment to maintain transparency in financial dealings, publish their annual reports, have a Board majority who are not Meyer relatives and submit to a voluntary annual audit. Currently this ministry is receiving a "C" rating (81-90) in financial transparency from Ministry Watch.