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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 | Sep 2013

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

IBISWorld’s Religious Organizations market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$98bn
Annual Growth 08-13
-2.3%
Annual Growth 13-18
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Profit
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Employment
1,659,908
Businesses
14
Industry Analysis & Industry Trends

Unpopular belief

Slowing participation numbers and donations, increased skepticism among younger generations and new religions brought stateside by immigrants are trends that will likely occur in the next several 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 Investment Chapter

Religious organizations provide labor-intensive services with wages making up the largest percentage of expenses. Most religious organizations have between three to four employees, while larger organizations can have 20 or more employees. Employees are needed for conducting religious services, offering spiritual guidance, providing music, organizing events, and providing maintenance and administrative functions. Many religious organizations also rely on volunteer labor to reduce wage costs. However, while labor costs are high, this industry also requires considerable capital investments. Industry operators need facilities and buildings to hold worship services. In addition, many religious organizations also require computers, printers and other communications equipment... 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. It includes organizations that administer an organized religion 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 community centers. This industry does not include schools and hospitals operated by religious organizations.

Industry Products
Protestant worship servicesCatholic worship servicesOther Christian worship servicesOther religious worship servicesFuneral servicesHospital and home visits
 
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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