{"id":22425,"date":"2016-07-15T12:48:34","date_gmt":"2016-07-15T16:48:34","guid":{"rendered":"https:\/\/www.cccc.org\/news_blogs\/?p=22425"},"modified":"2016-07-15T12:48:34","modified_gmt":"2016-07-15T16:48:34","slug":"economic-value-of-a-church","status":"publish","type":"post","link":"https:\/\/cccc.org\/news_blogs\/legal\/2016\/07\/15\/economic-value-of-a-church\/","title":{"rendered":"Economic Value of a Church"},"content":{"rendered":"<p>A study has just been published showing that ten congregations in Toronto contributed a total of $45 million of economic value to the city based on a combined budget of only $10 million. In simple terms, the dollar value of having a church in a community is about 4.5 times its annual budget. The difference is called the \u201chalo effect\u201d, which is due to the church\u2019s contributions to social capital and infrastructure, its programs for individual impact and community development, and other activities which add value.<\/p>\n<p>Rather than being a drain on the community in terms of lost property tax revenue, or a drain on Canadian taxpayers because of the donation tax credit, churches are net economic contributors to Canada and their local communities.<\/p>\n<p>CCCC partially funded the study, which was done by Dr. Michael Wood Daly of the University of Toronto and published by Cardus.<\/p>\n<p>The full research report is available online at Haloproject.ca<\/p>\n<p>Commentary by John Pellowe, CEO of CCCC, on the report is located\u00a0<a href=\"https:\/\/www.cccc.org\/news_blogs\/john\/2016\/07\/06\/churches-and-halos-why-even-atheists-should-appreciate-local-churches\/\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A study has just been published showing that ten congregations in Toronto contributed a total of $45 million of economic value to the city based on a combined budget of only $10 million. In simple terms, the dollar value of having a church in a community is about 4.5 times&#8230; <a href=\"https:\/\/cccc.org\/news_blogs\/legal\/2016\/07\/15\/economic-value-of-a-church\/\" class=\"linkbutton\">More<\/a><\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ts_fic_featured_image_caption":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[137],"tags":[],"series":[],"class_list":["post-22425","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Economic Value of a Church - CCCC Blogs<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cccc.org\/news_blogs\/legal\/2016\/07\/15\/economic-value-of-a-church\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economic Value of a Church - CCCC Blogs\" \/>\n<meta property=\"og:description\" content=\"A study has just been published showing that ten congregations in Toronto contributed a total of $45 million of economic value to the city based on a combined budget of only $10 million. 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Every organization\u2019s circumstances are unique. Before acting on the basis of information contained in this blog, readers should consult with a qualified lawyer for advice specific to their situation.","sameAs":["https:\/\/www.cccc.org","simone.waller@cccc.org"],"url":"https:\/\/cccc.org\/news_blogs\/author\/legal\/"}]}},"jetpack_featured_media_url":"","jetpack-related-posts":[{"id":22368,"url":"https:\/\/cccc.org\/news_blogs\/john\/2016\/07\/06\/churches-and-halos-why-even-atheists-should-appreciate-local-churches\/","url_meta":{"origin":22425,"position":0},"title":"Churches and Halos: Why Even Atheists Should Appreciate Local Churches","author":"John Pellowe","date":"July 6, 2016","format":false,"excerpt":"What would happen if a local congregation and all the economic and quality of life contributions it represented suddenly disappeared? If a church closed its doors, would anyone notice? Well, there's research about that, and here it is!","rel":"","context":"In &quot;Community Leadership&quot;","block_context":{"text":"Community Leadership","link":"https:\/\/cccc.org\/news_blogs\/category\/community-leadership\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/cccc.org\/news_blogs\/wp-content\/uploads\/2020\/11\/autumn-church.jpg?fit=1200%2C752&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/cccc.org\/news_blogs\/wp-content\/uploads\/2020\/11\/autumn-church.jpg?fit=1200%2C752&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/cccc.org\/news_blogs\/wp-content\/uploads\/2020\/11\/autumn-church.jpg?fit=1200%2C752&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/cccc.org\/news_blogs\/wp-content\/uploads\/2020\/11\/autumn-church.jpg?fit=1200%2C752&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/cccc.org\/news_blogs\/wp-content\/uploads\/2020\/11\/autumn-church.jpg?fit=1200%2C752&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":28177,"url":"https:\/\/cccc.org\/news_blogs\/legal\/2019\/03\/19\/the-2019-federal-budget-highlights\/","url_meta":{"origin":22425,"position":1},"title":"The 2019 Federal Budget Highlights","author":"Deina Warren","date":"March 19, 2019","format":false,"excerpt":"The 2019 Federal Budget addressed several areas of concern involving charities. Few of these measures will affect our membership. You may read the budget in full here. For your easy reference we note the following three points. Social Finance Fund The government reiterated its 2018 Fall Economic Statement wherein it\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16697,"url":"https:\/\/cccc.org\/news_blogs\/legal\/2014\/02\/11\/canadas-2014-budget-important-developments-for-charities\/","url_meta":{"origin":22425,"position":2},"title":"Canada&#8217;s 2014 Budget: Important Developments for Charities","author":"Deina Warren","date":"February 11, 2014","format":false,"excerpt":"On February 11, 2014, the Minister of Finance presented Economic Action Plan 2014, the federal government\u2019s 2014 Budget. As expected, the 2014 Budget introduced a number of new measures that will impact charities. The key proposals that are particularly relevant to charities are discussed and analyzed below. 1.\u00a0\u00a0 New Provisions\u2026","rel":"","context":"In &quot;Charity law and policy&quot;","block_context":{"text":"Charity law and policy","link":"https:\/\/cccc.org\/news_blogs\/category\/charity-law-and-policy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":31711,"url":"https:\/\/cccc.org\/news_blogs\/legal\/2021\/04\/19\/federal-budget-2021-charity-highlights\/","url_meta":{"origin":22425,"position":3},"title":"Federal Budget 2021: Charity Highlights","author":"Deina Warren","date":"April 19, 2021","format":false,"excerpt":"On April 19, 2021, the federal government released its first budget in almost two years.\u00a0 The 2021 budget, entitled \u201cA Recovery Plan for Jobs, Growth, and Resilience,\u201d proposes more than $100 billion in new spending over the next three years and shows a deficit of $354B for 2020-21. It has\u2026","rel":"","context":"In \"Budget 2021\"","block_context":{"text":"Budget 2021","link":"https:\/\/cccc.org\/news_blogs\/tag\/budget-2021\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/cccc.org\/news_blogs\/wp-content\/uploads\/2021\/04\/20210419-Budget-Magnifying-Glass.png?fit=600%2C600&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/cccc.org\/news_blogs\/wp-content\/uploads\/2021\/04\/20210419-Budget-Magnifying-Glass.png?fit=600%2C600&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/cccc.org\/news_blogs\/wp-content\/uploads\/2021\/04\/20210419-Budget-Magnifying-Glass.png?fit=600%2C600&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":37762,"url":"https:\/\/cccc.org\/news_blogs\/legal\/2024\/04\/18\/federal-budget-2024-charity-highlights\/","url_meta":{"origin":22425,"position":4},"title":"Federal Budget 2024: Charity Highlights","author":"Deina Warren","date":"April 18, 2024","format":false,"excerpt":"There are some important updates for charities in the 430-page, $40B deficit-predicting Federal Budget 2024 and accompanying Supplementary Information released earlier this week. Alternative Minimum Tax (AMT) The Alternative Minimum Tax (AMT) is meant to ensure that individuals and trusts pay at least a minimum level of tax. It generally\u2026","rel":"","context":"In \"Budget 2024\"","block_context":{"text":"Budget 2024","link":"https:\/\/cccc.org\/news_blogs\/tag\/budget-2024\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/cccc.org\/news_blogs\/wp-content\/uploads\/2023\/04\/20220408-Budget.png?fit=600%2C600&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/cccc.org\/news_blogs\/wp-content\/uploads\/2023\/04\/20220408-Budget.png?fit=600%2C600&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/cccc.org\/news_blogs\/wp-content\/uploads\/2023\/04\/20220408-Budget.png?fit=600%2C600&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":36311,"url":"https:\/\/cccc.org\/news_blogs\/legal\/2023\/04\/04\/federal-budget-2023-charity-highlights\/","url_meta":{"origin":22425,"position":5},"title":"Federal Budget 2023: Charity Highlights","author":"Deina Warren","date":"April 4, 2023","format":false,"excerpt":"In the Federal Budget 2023, released last week, where were charities to be found amidst the more than $40 billion in spending? Unlike Budget 2022, which brought significant changes to the disbursement quota and allowed charities to fund non-charities through qualifying disbursements, Budget 2023 is quiet on the charitable front.\u2026","rel":"","context":"In \"Budget 2023\"","block_context":{"text":"Budget 2023","link":"https:\/\/cccc.org\/news_blogs\/tag\/budget-2023\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/cccc.org\/news_blogs\/wp-content\/uploads\/2023\/04\/20220408-Budget.png?fit=600%2C600&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/cccc.org\/news_blogs\/wp-content\/uploads\/2023\/04\/20220408-Budget.png?fit=600%2C600&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/cccc.org\/news_blogs\/wp-content\/uploads\/2023\/04\/20220408-Budget.png?fit=600%2C600&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"jetpack_shortlink":"https:\/\/wp.me\/p30X8p-5PH","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/cccc.org\/news_blogs\/wp-json\/wp\/v2\/posts\/22425","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cccc.org\/news_blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cccc.org\/news_blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cccc.org\/news_blogs\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/cccc.org\/news_blogs\/wp-json\/wp\/v2\/comments?post=22425"}],"version-history":[{"count":0,"href":"https:\/\/cccc.org\/news_blogs\/wp-json\/wp\/v2\/posts\/22425\/revisions"}],"wp:attachment":[{"href":"https:\/\/cccc.org\/news_blogs\/wp-json\/wp\/v2\/media?parent=22425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cccc.org\/news_blogs\/wp-json\/wp\/v2\/categories?post=22425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cccc.org\/news_blogs\/wp-json\/wp\/v2\/tags?post=22425"},{"taxonomy":"series","embeddable":true,"href":"https:\/\/cccc.org\/news_blogs\/wp-json\/wp\/v2\/series?post=22425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}