page_title: Beliefs and practices of The Church of Jesus Christ of Latter-day Saints
section_title: Finances
hierarchical_section_title: Beliefs and practices of The Church of Jesus Christ of Latter-day Saints / Structure and practices / Finances
caption_attribution_description: English: LDS Church Administration Building (LDS Church Office Building in background) Salt Lake City, Utah, The Church of Jesus Christ of Latter-day Saints.
context_page_description: The Church of Jesus Christ of Latter-day Saints focuses its doctrine and teaching on Jesus Christ; that he was the Son of God, born of Mary, lived a perfect life, performed miracles, bled from every pore in the Garden of Gethsemane, died on the cross, rose on the third day, appeared again to his disciples, and now resides, authoritatively, on the right hand side of God. In brief, some beliefs are in common with Catholics, Orthodox and Protestant traditions. However, teachings of the LDS Church differ significantly in other ways and encompass a broad set of doctrines, so that the above-mentioned denominations usually place the LDS Church outside the bounds of orthodox Christian teaching as summarized in the Nicene Creed.
  The church's core beliefs, circa 1842, are summarized in the "Articles of Faith", and its four primary principles are faith in Jesus Christ, repentance, baptism by immersion for the remission of sin, and the laying on of hands for the Gift of the Holy Ghost.
context_section_description: Church funds are used to construct and maintain buildings and other facilities; provide for the administrative needs of local church units; provide social welfare and relief; and to support missionary, educational, and other church-sponsored programs. The church has also invested in business and real estate ventures such as Bonneville International, Deseret Book Company, and cattle ranches in Utah, Florida, and Canada.
  The church receives most of its money from tithes and fast offerings. About ten percent of its funding also comes from income on investments and real estate holdings.
  The church has not released church-wide financial statements since 1959, but in 1997 Time called it one of the world's wealthiest churches per capita. Its for-profit, non-profit, and educational subsidiary entities are audited by an independent accounting firm: as of 2007, Deloitte & Touche.
caption: The Church Administration Building with the LDS Church Office Building tower in the background
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