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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 is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$104bn
Annual Growth 11-16
1.1%
Annual Growth 16-21
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Profit
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Employment
1,700,043
Businesses
188,296
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 Analysis Chapter

Revenue for the Religious Organizations industry primarily comes from charitable donations by patrons. The number of donations that religious organizations receive mainly depends on the congregation’s attendance and personal disposable income level. Improving employment and economic growth are the primary drivers for disposable income, while attendance is influenced by demographic factors such as age, religious affiliation and education. The US population has a long history of adhering to religious beliefs and attending worship services. In other advanced economies, higher standards of living and education have consistently correlated with a drop in religious adherence, whereas the United States has mostly resisted the trend... 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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