Faith-based Charities Steady

An Evangelical Council for Financial Accountability survey finds 72% of parachurch ministries have exceeded, met or came close to their contribution goals in the final quarter of 2008. Forty-one percent put a hold on salary increases, 38% froze or reduced hiring and 18% laid off staff.

Thirty percent have stopped capital projects, 23% postponed or cut back on computer upgrades,

Meanwhile, the National Association of Church Business Administration says 57% of churches congregations had experienced a drop in contributions.