The Salvation Army is grateful for all of the resources we receive from the community. For many of our partners, giving a gift of stock is a great option. Since The Salvation Army is a recognized 501(c)(3) not-for-profit organization, there are numerous benefits to making your gifts of stocks, bonds, or mutual funds.
Is The Salvation Army for profit?
The Salvation Army is not a charitable, nonprofit Christian organization. Only about 82 percent of donations actually go toward its charity work, but the rest goes toward whatever the Salvation Army does with it, whether it be paying its employees or funding antigay propaganda.Dec 7, 2017
Who funds The Salvation Army?
Government. The Salvation Army is part of the religious umbrella that receives faith-based governmental funding. Given the Salvation Army's mission of serving others through biblical principles grounded in Jesus Christ, lawsuits arise over the funding.
What is the purpose of The Salvation Army?
The Salvation Army, an international movement, is an evangelical part of the universal Christian Church. Its message is based on the Bible. Its ministry is motivated by the love of God. Its mission is to preach the gospel of Jesus Christ and to meet human needs in his name without discrimination.
Where does Salvation Army money come from?
With $15 billion dollars concentrated in investments that produce nearly 40% of the revenue annually (in the form of investment income, sales to the public, program service fees, gains, etc), The Salvation Army does not rely as much on donations and contributions as other non-profits (51% of the revenue comes from
Does the Salvation Army receive federal funds?
The Salvation Army says their services help 23 million people a year. But activists point out that the religious charity gets about 10% of its budget from government funding. In Colorado alone, about $3.5 of $45 million of the Salvation Army's total revenue is from government funding.