First Research US Industry Profile

View Sample
Religious Organizations
SIC Codes: 8661
NAICS Codes: 8131
Last Quarterly Update: 4/1/2019
Religious organizations operate churches, temples, monasteries, mosques, and similar places of worship. The largest groups include Christians, Muslims, and Hindus; major types of Christian churches include Catholic, Protestant, and Eastern Orthodox.
Religious organizations count about 6 billion followers worldwide, or about 85% of the population. Christians account for about one-third of the world's population, followed by Muslims (25%), and Hindus (15%), according to the Pew Research Center. Among the world's Christian denominations, Catholics are the most numerous. Sizes of individual congregations vary greatly.
In the US, religious organizations encompass about 312,000 congregations, according to The Urban Institute and the National Center for Charitable Statistics and American Church Lists. About 70% of Americans identify as Christian, according to the Pew Research Center. Protestants represent the largest share of Christians in the US.
Competitive Landscape
Demand is driven by consumers' desire for spiritual growth, guidance, inspiration, and demographics — older Americans are most likely to attend church. The profitability of a church depends primarily on the congregation's ability to attract members who can provide financial support. Large congregations have advantages in their ability to offer more programs and activities. Small congregations can compete effectively by maintaining stronger connections with members.
More than half of Americans belong to a church or synagogue, while more than one-third of Americans say they attend services weekly or almost every week, according to Gallup. Major factors for attending a place of worship include sermons that teach more about scripture or help members become more connected to religion, in addition to spiritual programs geared toward children and teens.
Products, Operations & Technology
Religious congregations are similar to charitable organizations, in that they solicit money in various ways to fund charitable and educational programs, ... plus:
Sales & Marketing
,
Finance & Regulation
,
Regional & International Issues
,
Human Resources
Also includes the following chapters:
Quarterly Industry Update
,
Industry Indicators
,
Business Challenges
,
Trends and Opportunities
,
Call Preparation Questions
,
Financial Information
,
Industry Forecast
,
Industry Websites
,
Glossary of Acronyms

Historical Profiles (PDF format)

12/24/2018
09/24/2018
06/25/2018
03/26/2018
12/18/2017
09/11/2017
06/12/2017
03/13/2017
12/05/2016
09/05/2016
06/06/2016
03/07/2016
11/30/2015
08/31/2015
06/01/2015
03/02/2015
12/01/2014
09/08/2014
06/16/2014
03/24/2014
12/16/2013
09/23/2013
07/01/2013
04/08/2013
01/14/2013
10/08/2012
07/23/2012
04/30/2012
01/30/2012
10/17/2011
07/11/2011
03/28/2011
12/20/2010
09/20/2010
06/21/2010
03/08/2010