Good Question
Actually, nobody knows for sure because the LDS Church keeps its financial status ... including the sources, disbursements and amounts of funds ... top secret. Furthermore, they do a much better job of protecting confidentiality than either the Pentagon or CIA.
Most educated guesses, and they are only that, report that the Mormon Church gives only a small portion of their wealth toward support of needy individuals ... something on the order of one to two percent ... and that is restricted almost exclusively to church members. A much more generous amount is spent on recruiting new members.
Most educated guesses, and they are only that, report that the Mormon Church gives only a small portion of their wealth toward support of needy individuals ... something on the order of one to two percent ... and that is restricted almost exclusively to church members. A much more generous amount is spent on recruiting new members.
The mormon church is a corporation and the top leaders are businessmen..not theologians.
Also, rather than take the risk of the finances of the church becoming known, in their PR campaigns they haven't taken the obvious step of publicizing actual dollar amounts that could be seen as actual charitable giving by the corporation.
Most of the publicized disaster aid and giving comes from members, over and above their tithing which says much for the members and little for the Corporation.
While the Church employs an independent auditing department which provides an annual report to the Church[1], it has not published full financial reports since 1959.
The Council was established by church founder Joseph Smith, Jr. on 8 July 1838.[2] As of April 2009, the members of the Council are:
Go online, look up Mormon Disaster Relief, Mormon disaster warehouses, Mormon help for Haiti, Indonesia, Japan, joplin, etc; The Church makes and delivers 20,000 tons of Atmit, an Ethiopian cereal to prevent starvation for the very old and very young. This is done every year for free. I am an 85 year old Mormon convert of 57 years. I have seen nothing but good come from this great organization. We have over 5000 church and Temple buildings around the world. ALL PAID FOR! Isn’t that terrible??