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The Conversation
The Conversation
Benjamin Park, Associate Professor of History, Sam Houston State University

Behind the Latter-day Saint church's vast wealth are two centuries of financial hits and misses

Thousands of church members sing during the 2016 General Conference of the Church of Jesus Christ of Latter-day Saints in Salt Lake City, Utah. George Frey/Getty Images

During the first weekend of April 2023, the Church of Jesus Christ of Latter-day Saints will hold its semiannual General Conference in Salt Lake City. Tens of thousands of members will attend in person, with millions watching from home.

Over two days, Latter-day Saints – often called “Mormons” – will hear an array of talks from religious leadership. But another speaker will likely be a member of the church’s auditing department, who, if he follows tradition, will state that the institution’s financial activities from the past year were “administered in accordance with Church-approved budgets, accounting practices, and policies.” No further specifics are typically provided.

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