Financial Analysis

One of the most important aspects of Church Sustainability is the amount of giving from its attendees. Tithing is the church practice of giving 10% of a member's own income to the church for operational and benevolence reasons. Actual statistics have recorded that the average church-goer gives 3% of their income. 

• 100 church members with a Per Capita Household income of $40,594 have a total Congregation Household income of $4,059,400
• Based on a 3% average giving percentage, the church would receive $121,782 annually.

Construction cost of two properties (1 acre and 6 acre)
Construction is 103.72 per square foot.

Option 1 -Build 5,500 sqft church for 100 people on 1 acre lot

A 5,500 sqft construction would cost $570,500. (5,500*$103.72)

Land + Building = $975,500

Option 2 -Build 15,000 sqft church for 300 people on 3 acre lot and sell the other 3 acres

A 15,000 sqft construction would cost $1,555,000. (15,000*$103.72)

Land + Building =  $4,955,000 - 1.5M for 3 acres (conservative) = $3.455M

Option 3 -Convert 9,667 sqft Restaurant into Church (Lease, not purchase)

$14.40/sqft/yr = $139,204.80 / YR

Financing

Assuming 100% Financing