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the lds church earns more than the state of utah in most years and it's all tax-free
Church investment reserves estimated at $231 billion generate roughly $16-28 billion annually; Utah's own state tax revenue was $12.9 billion in 2024-25.
By SLC Scoop StaffOctober 4, 20263 views
The LDS Church has one of the world’s largest religious investment reserves, with estimates reaching well above $100 billion.
For comparison, Utah collects roughly $14 billion a year in state taxes. However, the Church’s exact annual investment earnings aren’t publicly disclosed, so estimates of $16–28 billion rely on assumed investment returns rather than confirmed financial reports.
