Low pay, no savings and financial stress: The reality for evangelical pastors

Most evangelical pastors in America struggle to make ends meet but will not open up about their financial difficulties, according to a new survey.

The research, released by the National Association of Evangelicals (NAE) revealed the harsh financial reality for the majority of pastors. Many struggle with debt and don't earn enough to ensure long-term stability.

92 per cent of pastors said their biggest financial worry was retirement savings Pexels

Half of pastors questioned said they are paid less than $50,000 (£34,300) and a third have an average debt of $36,000 (£24,700) from their studies. On top of that a quarter also have an average medical bill of over $7,000 (£4,800).

The majority do not receive any form of pension or health benefit from their church and nearly a third have no savings.

The survey of 4,249 pastors also revealed most pastors (55 per cent) lead churches with less than 100 members. The overwhelming majority (80 per cent) have churches of less than 200.

"The vast majority of pastors do not have their own radio or TV show, robust church staff, or megachurch attendance," NAE President Leith Anderson said in a statement.

"Rather, they faithfully serve in small churches and face financial challenges stemming from student debt, low salaries and medical expenses. And sadly, they often feel they have no one to turn to for help."

Unsurprisingly 90 per cent of pastors said they experienced financial stress and nearly a third were forced to take a second job to fund their families.

The research also showed many do not feel able to confide in their church. Almost a third said there was no one they could speak to about financial issues and 37 per cent said they did not know of any support offered by their denomination that could help.

The NAE has said it will focus on resourcing churches and denominations to help support pastors financially.

"The NAE is committed to developing solutions for the financial pressures pastors face," said NAE Project Director Brian Kluth in a statement.

"We are excited to help pastors move to a place of greater financial health — freeing them to lead their congregations well."

related articles
\'How Do We Get Millennials to Attend Church?\' Why that is the wrong question
'How Do We Get Millennials to Attend Church?' Why that is the wrong question

'How Do We Get Millennials to Attend Church?' Why that is the wrong question

Bishop at Denzel Washington\'s church in bizarre row over abuse claims
Bishop at Denzel Washington's church in bizarre row over abuse claims

Bishop at Denzel Washington's church in bizarre row over abuse claims

Methodist church investigates pastor who conducted same-sex wedding
Methodist church investigates pastor who conducted same-sex wedding

Methodist church investigates pastor who conducted same-sex wedding

Is the Antichrist on his way? Half of America\'s pastors think so
Is the Antichrist on his way? Half of America's pastors think so

Is the Antichrist on his way? Half of America's pastors think so

News
Fire severely damages historic Amsterdam church on New Year’s Day
Fire severely damages historic Amsterdam church on New Year’s Day

A major fire tore through one of Amsterdam’s best-known historic buildings in the early hours of New Year’s Day, seriously damaging the property and forcing people to leave nearby homes.

Rwanda’s president on the defensive over church closures
Rwanda’s president on the defensive over church closures

Rwandan President Paul Kagame defended the government's forced closure of Evangelical churches, accusing them of being a “den of bandits” led by deceptive relics of colonialism. 

We are the story still being written
We are the story still being written

The story of Christ continues in the lives of those who take up His calling.

Christians harassed, attacked all over India at Christmas
Christians harassed, attacked all over India at Christmas

International Christian Concern reported more than 80 incidents in India, some of them violent, over Christmas.