Scientology’s Money Trail

Wednesday, December 3rd, 2008

L. Christopher Smith follows Scientology’s Money Trail:

Ever since the 1980s, when it faced a potentially lethal class-action lawsuit and intense scrutiny from the U.S. government, the group has reportedly spread its revenues — and its liability — among a vast array of independent trusts, corporations, and nonprofits. All are reportedly tightly controlled by David Miscavige, a second-generation Scientologist who has run the church since the 1986 death of its founder, science-fiction author L. Ron Hubbard. Tax filings from the early 1990s show that the church was earning about $300 million a year back then, but the paper trail disappears after that. The church won tax-exempt status in 1993 and is not required to file annual returns with the I.R.S., so it’s extremely difficult to tell just how much Scientology takes in during a given year.

Smith goes on to estimate revenues from various sources:

  • Fundraising: $50–100 million
  • Membership Fees: $400 million
  • Consulting: $50 million

Bottom Line: $500–550 million.

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