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News Brief

July 16, 1954
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RELIGIOUS AGENCIES REPORT RISE IN THEIR 1953 INCOME

Nine national religious agencies reported total receipts of $5,333,454 in 1953, an increase of 6 percent over the total of $5,035,612 raised in 1952. Seven of the nine reporting agencies received more in 1953 than in the previous year. Expenditures rose by 3 percent in 1953: $5,619,987 as compared with $5,445,816 in 1952.

Five major national service agencies spent $1,374,373 in 1953, as compared with $1,510,867 in 1952. The Jewish Welfare Board spent $1,182,505 in 1953 as against $1,328,065 in 1952. The other four agencies showed a slight increase in expenditures in 1953 over 1952. Income for these agencies dipped by slightly more than 1 percent; $1,326,329 in 1953 as compared with $1,342,724 in 1952.

Thirteen national cultural agencies reported an increase of more than 5 percent in 1953 expenditures over 1952;$4,214,403 as against $4,001,750. During the same period the agencies raised about 3 percent more in 1953 than in 1952: $4,053,948 in 1953 and $3,918,139 in 1952. Nine of the 13 agencies experienced an increase in income in 1953.

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