The prevailing view among Protestants and/or other Christian denominations is a desire for their church to maintain a moderate financial status, avoiding both poverty and excessive wealth. This concept finds its roots in a thorough examination of the New Testament, revealing a disapproval of ambitions centered around wealth and considering them a sign of moral frailty. Furthermore, many congregations interpret a lack of substantial funds as an expression of humility.
In contrast, the Mormon Church mandates a 10% tax from its members, framing it as a requisite for maintaining good standing and worthiness within the Church, elevated to the status of a commandment. Members undergo an annual review of their financial contributions in a confidential meeting with their bishop. While some Latter-day Saints might argue that tithing is not strictly ‘required,’ there is little dispute that non-compliance hampers one’s progress within the LDS faith.
The paradox lies in the fact that the Mormon Church unabashedly employs the contributions of its members for various purposes, all while maintaining a discreet stance on its financial dealings. Despite the absence of voluntary disclosure of financial statements, members seem content without demanding transparency. The average Mormon is happy to know that the Church is heavily invested in real estate, and that there is a new chapel or temple showing up soon.