Share this
The richest churches in Kenya- the Catholic Church is not in the list
All churches can get off financial reliance on their members if they can consider investing in education, health, real estates and hospitality industries.
Tithes and offering led to the distractions believers get out of the ‘310, panda mbegu’ gospel that has turned con-men into men of the cloth overnight making unjustified riches.
Three churches in Kenya have made it to the Kenya Revenue Authority’s top taxpayers’ list as their businesses sail above annual returns of between Sh350 million and Sh1 billion.
Nairobi Pentecostal Church (NPC), Seventh Day Adventist Church and Coptic Orthodox Church have made their way to the league of the Kenya National Union of Teachers (KNUT) and construction companies’ income bracket at KRA.
Religious groups are required to file their annual returns but the Non-Governmental Organizations and Co-ordination Act exempts them from paying any taxes.
These kind of investments are in public view full of Christian faith as hospitals and schools run under these churches are known for their outstanding subsidization of services they offer and stand in for the government in most areas.
They also engage in social change campaigns and do major charity events that change many lives in the country.
Interestingly, the Catholic Church in Kenya has not found its way to this league despite its overwhelming membership.
LEAVE A REPLY
You must be logged in to post a comment.