Religious Organizations in the US
The Religious Organizations industry consists of organizations that provide religious worship or promote religious activities. Over the five years to 2018, the industry has performed well. Revenue, measured in total donations to religious organizations, has grown during the period. The vast majority of donations come from individuals; therefore, growth in revenue has mainly been driven by increases in per capita disposable income, despite a slow decline in the number of people who consider religion an important aspect of their lives. Over the next five years, revenue is expected to continue its upward path. Disposable income will be the primary factor in driving growth.
This industry consists of religious organizations that provide religious worship or promote religious activities for both organized religions and smaller faiths that are not recognized in mainstream religious teaching. Establishments include churches, temples, mosques, synagogues and other houses of worship, as well as convents, monasteries and religiously affiliated community centers. This industry does not include schools and hospitals operated by religious organizations.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook