Sermon Central
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Evangelical Council For Financial ...
Contributed by Sermon Central on Jan 5, 2006 (message contributor)
Evangelical Council for Financial Accountability’s latest annual report reveals their 840 members had a combined total income of $4.81 billion, spent $3.71 billion on program expenses, have total assets of $5.81 billion with liabilities of $2.3 billion. Cash donations and foundation grants accounted for 51.2% of income while 35.4% was earned. (CMA Management Monthly, 12/97)
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