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Religious Organizations in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Religious Organizations Market Research Report | NAICS 81311 | Jun 2016

Losing faith: Renewed incomes will boost donations, but attendance will continue to drop

IBISWorld’s Religious Organizations market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
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Industry Analysis & Industry Trends

Over the past five years, the industry suffered setbacks as people's religious beliefs weakened. Slowing participation numbers and donations, increased skepticism among younger generations and new religions brought stateside by immigrants are trends that will likely continue to occur over the next five years. Despite lower church attendance, revenue will experience slow growth as higher disposable incomes allow individuals to make more donations... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Religious Organizations industry is in the declining stage of its industry life cycle. Industry value added (IVA), which measures the industry's contribution to the overall economy, is forecast to increase marginally by an annualized 0.5% over the ten years to 2021. By comparison, GDP is projected to grow at an average rate of 2.1% per year over the same ten-year period. Consequently, the industry's contribution to the overall economy is contracting, which indicates a declining industry.

Public confidence in organized religion has declined over the past five years. This was matched by a growing percentage of individuals with no religious beliefs or no affiliation with an organized religious group... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Religious Organizations Industry?

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.

Industry Products
Evangelical Christian worship servicesRoman Catholic worship servicesMainline Protestant worship servicesHistorically Black ChurchesOther Christian worship servicesJewish worship servicesMuslim worship servicesOther faiths' worship services
Industry Activities
Bible society operation Church operation Missionary society operationMonastery operation (except schools)Mosque operation Synagogue operationTemple operationReligious shrines operationConvents (except schools) operation

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