Church Of Jesus Christ Of Latter Day Saints Net Worth (Updated 2025).

The Church of Jesus Christ of Latter-day Saints, often referred to as the Mormon Church, traces its origins to the early 19th century in upstate New York. It was founded by Joseph Smith Jr., who claimed to have received visions from God and translated the Book of Mormon, a religious text that supplements the Bible. Smith organized the church in 1830, with a core group of followers who believed in his revelations and the restored gospel he taught.

The church gained prominence and fame through a series of events and practices that set it apart from other Christian denominations. One of the most notable was the migration of its members to the Great Salt Lake Valley in present-day Utah, in the mid-19th century. This exodus, led by Brigham Young, the second president of the church, established the church’s headquarters in Salt Lake City and laid the foundation for the Mormon community that exists today.

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Church of Jesus Christ of Latter-day Saints’ Current Net Worth (2025)

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The Church of Jesus Christ of Latter-day Saints, often referred to as the Mormon Church, had an estimated net worth of $100 billion in 2025, according to a report by the HuffPost. This significant figure is a result of the church’s extensive real estate holdings, investments, and tithing funds. However, it’s important to note that the church does not officially disclose its financial information.

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Career

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The Church of Jesus Christ of Latter-day Saints is a global religious institution, with its headquarters located in Salt Lake City, Utah. It was founded by Joseph Smith in 1830 and has since grown to include over 16 million members worldwide. The church’s primary mission is to preach the gospel of Jesus Christ and provide humanitarian aid.

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Other Ventures

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The church is involved in various ventures to support its mission and members. These include operating a vast network of temples, meetinghouses, and family history centers. Additionally, the church runs a humanitarian aid organization, Latter-day Saint Charities, which provides relief and development services in over 190 countries. The church also operates a for-profit company, Deseret Management Corporation, which oversees various businesses like Deseret Book, Deseret Digital Media, and Deseret Mutual Benefit Association.

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Assets

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The church’s assets are extensive and diverse, including real estate, investments, and other properties. As of 2021, the church owned at least 2,400 properties valued at over $35 billion, according to a report by the Salt Lake Tribune. These properties include temples, meetinghouses, and other buildings, as well as farms and ranches. The church also has significant investments in various financial markets.

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Annual Income

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The church generates income through tithing, which is a financial offering required of its members. Members are asked to contribute at least 10% of their income as tithing. Additionally, the church generates income from the sale of goods and services, such as books, music, and clothing. The church also receives income from its investments and rental income from its properties. However, the church does not disclose its exact annual income or expenses.

Frequently Asked Questions about  Church Of Jesus Christ Of Latter Day Saints

**Frequently Asked Questions: Church of Jesus Christ of Latter-day Saints**

1. What is the estimated net worth of the Church of Jesus Christ of Latter-day Saints?

The Church of Jesus Christ of Latter-day Saints has an estimated net worth of over $100 billion, making it one of the wealthiest religious organizations in the world.

2. How does the church generate its income?

The church generates income through tithing (members are asked to donate 10% of their income), fast offerings (donations collected during monthly fasts), and other donations. It also earns revenue from its businesses, such as Brigham Young University, Deseret Management Corporation, and other commercial ventures.

3. How does the church use its wealth?

The church uses its wealth for various purposes, including building and maintaining temples and meetinghouses, supporting missionary work, providing humanitarian aid, and funding educational and welfare programs. A significant portion also goes towards investments to ensure the church’s financial stability and future growth.

4. What is the church’s stance on wealth and material possessions?

The church teaches its members to be responsible with their finances and to live within their means. It encourages members to be generous in their giving and to care for the poor and needy. However, it also teaches against materialism and the excessive accumulation of wealth.

5. How much does the church spend on humanitarian aid?

The church spends hundreds of millions of dollars each year on humanitarian aid, providing relief and development assistance in over 190 countries. This includes responding to natural disasters, providing food, clothing, and medical care, and supporting community development projects.

6. What is the church’s stance on investing in companies that may not align with its values?

The church invests in a wide range of companies, including those that may not fully align with its values. It does so through its investment arm, Ensign Peak Advisors, which manages the church’s financial assets. The church’s goal is to generate a return on its investments while also seeking to influence the companies it invests in to adopt more responsible business practices.

7. How much does the church spend on missionary work?

The church spends billions of dollars each year on missionary work, including the support of full-time missionaries and the operation of missionary training centers. This is a significant portion of the church’s annual budget.

8. What is the church’s stance on paying taxes?

The church teaches its members to be law-abiding citizens and to pay their taxes as required by law. The church itself also pays taxes on its income and property, as required by the laws of the countries in which it operates.

9. How does the church handle its financial records and audits?

The church maintains detailed financial records and undergoes regular internal and external audits. However, it does not publicly disclose detailed financial information, citing concerns about privacy and security. It does, however, provide some information about its finances in its annual report and through other official channels.

10. How does the church’s wealth compare to other major religions?

The Church of Jesus Christ of Latter-day Saints is one of the wealthiest religious organizations in the world, with an estimated net worth that is comparable to or greater than many other major religions. However, it is difficult to make direct comparisons due to differences in reporting methods and the lack of detailed financial information from many religious organizations.