This is not an old story (remember the Jim and Tammy Baker?), but
the scale has grown (money and gov't incompetence). Televangelists now
have nearly billion-dollar empires, that are conveniently mostly
tax-free as a "religious nonprofit". They also enjoy stronger privacy
status (financial and otherwise). Even the huge luxury compounds that
these orgs own don't have to pay property tax because they are
classified as parsonages (had to wiki this one: a church-owned abode for
the clergy to live in).
Since 2009, the IRS can no longer audit churches without the approval of a top official at Treasury (and who can be bothered to sign off for that?). Supposedly an org must meet the IRS' 14-point checklist to be called a church, but few of these "TV ministries" do. Too bad no one is checking but folks like NPR apparently.
And what do these churches do with their huge rakes? Private
jets, Bentleys, publishing subsidiaries, and generally Wall St. level
compensation for the preachers. They claim that they route congregation
donations to worthy causes, but an investigation of TX-based Daystar
Ministries revealed that they only gave 5% of revenue to charity (they
claimed it was 30%). In comparison the secular Red Cross is >90% and
Catholic Charities USA is 75%. But hey, Daystar sponsored a Christian
NASCAR team to the tune of $600K. And remember that the congregation is
getting tax breaks as well.Since 2009, the IRS can no longer audit churches without the approval of a top official at Treasury (and who can be bothered to sign off for that?). Supposedly an org must meet the IRS' 14-point checklist to be called a church, but few of these "TV ministries" do. Too bad no one is checking but folks like NPR apparently.
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