Elevation Church, the megachurch based in Charlotte, North Carolina, and led by Steven Furtick, took in more than $100 million in tithes and offerings in 2023, according to its Annual Report.
Steven Furtick in 2023 preaching ‘The Blessing of Letting Go’ / Video screenshot
Of the reported $108 million in tithes and offerings received by Elevation Church, $11.12 million came through its year-end offering. In 2022, the church took in about $104 million in unrestricted donations.
In its financial breakdown for 2023, the church reported that the largest portion of the revenue —34% or $34 million—went to personnel expenses. Central operations and ministries was the second highest category for expenditures at 25%. Another $13 million went toward outreach efforts.
Elevation Church reported a weekly in-person attendance of 17,091, an increase of 21% from the previous year. According to its website, Elevation Church has 19 locations, as well as online streaming.
According to the church, 21,429 people made decisions to follow Christ through its ministry and over 4,000 people were baptized.
Furtick’s sermons and Elevation Worship songs have a strong social media reach across several platforms.
According to the report, Furtick’s sermons were streamed over 93 million times. His most popular was “The Blessing of Letting Go” with nearly 1.6 million views.
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Elevation Worship streaming was strong with 2.14 billion streams across the various platforms, including YouTube and Spotify. “Jireh” was the most streamed song by Elevation last year. The report did not include information about how much revenue Elevation Worship generates.
According to the Evangelical Council for Financial Accountability (ECFA), of which Elevation Church is a member, the church had assets totaling $319 million at the end of Fiscal Year 2023. Net assets increased by $41 million from the previous year.
Last July, Elevation Church separated from the Southern Baptist Convention. While it gave no specific reason for the departure, the letter sent to the denomination stated, “You will find that our Statement of Beliefs on our website is very much in line with the Baptist Faith and Message — we have no intention of changing those core beliefs.”
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