Urban and larger churches were more likely to accept the loans, according to study.
Churches and Christian ministries accepted more than $7 billion in Paycheck Protection Program (PPP) Loans under the Coronavirus Aid, Relief, and Economic Stability (CARES) Act, according to research conducted by Christianity Today.
A Boston-area man who claimed to be an Orthodox Christian monk who had taken a vow of poverty has been charged with COVID relief fund fraud totaling $3.6 million in connection with several organizations he ...
Willow Creek Community Church, a Chicago megachurch that was one of the largest and most highly regarded congregations in the nation, will lay off 30% of its staff due to post-COVID-19 declines in attendance and ...
More than 123,000 religious groups were approved for PPP loans, according to data from the Small Business Administration.
Celebrity pastor Joel Osteen’s Houston megachurch, Lakewood Church, will repay the more than $4.4 million in loans it received under the U.S. government’s Paycheck Protection Program after critics questioned whether the nation’s largest single-campus church ...
Salem Media Group, one of the largest Christian broadcasters in the country, and the only one that is publicly traded, recently released its results for the three months ended June 30, 2021.
Nonprofit leaders often use investments to supplement their revenue. But the holdings in an organization’s portfolios aren’t necessarily intended for the large, quick fixes increasingly required as a result of the coronavirus pandemic.
A Washington, D.C., pastor could face up to 20 years in prison for wire fraud after allegedly using government coronavirus relief money for personal expenses, including the purchase of a $60,000 Tesla.
Church coffers lagged slightly, but didn’t suffer too much. When churches were asked if 2020 totals were higher, the same or at least close to 2019’s levels, 83 percent said they were, compared with 87 ...
While nonprofits were included in coronavirus relief legislation, a group of 75 charitable organizations has sent a letter to President Joseph R. Biden and top Congressional leaders, urging them to enact provisions that specifically address ...