CAUSES OF INSUFFICIENT REVENUES IN HISPANIC CHURCHES IN SOUTH FLORIDA

Jose Antonio Gomez

Review of Business and Finance Studies, 2023, vol. 14, issue 1, 75-82

Abstract: Churches in the United States are currently facing an attendance crisis. With the decrease in membership comes a reduction in funds. This negative impact on the organization’s finances can directly influence the church’s operations. This article aims to evaluate and suggest a funding strategy for Hispanic Churches in South Florida, to raise sufficient funds for their effective and efficient operations. As a result, faith-based organizations need robust financial management to achieve economic sustainment. Church leaders must focus on external and internal factors, financial planning, and develop and maintain partnerships with external entities to expand their finances.

Keywords: CAUSES; OF; INSUFFICIENT; REVENUES; IN; HISPANIC; CHURCHES; IN; SOUTH; FLORIDA (search for similar items in EconPapers)
Date: 2023
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