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The Jehovah's Witnesses organization never publishes its financial statements. Yet it has billions of dollars in assets. If Jehovah's Witnesses knew this, they would be scandalized and would stop giving money to the Watchtower society.

 

Some info:

 

From NewsDay.com:

 

2001 Report. Top 40 Revenue Generating Companies.

 

Watchtower Bible & Tract Society of New York 25 Columbia Heights,Brooklyn, 11201

 

Revenue: $951 million U.S. dollars

 

Industry: Publishing

 

President: Milton Henshel

 

Employees: 3,415

 

It takes a lot of printing to supply more than 6 million Jehovah's Witnesses with the materials for their ministry. One publication, Watchtower, now has an average print run of 23 million copies twice per month, an increase of 7.5 percent over last year.

 

"Our report for the year is different from a Wall Street company," said vice president George Couch. Indeed, the company's employees are volunteers who live and work in the Brooklyn complex.

 

Source :

 

http://watchthetower.net/money2.html

http://www.sixscreensofthewatchtower.com/6itsonlyabusiness.html

 

* Note that the Watchtower Bible and Tract Society owns billions in money, investments and real estates. It doesn't pay taxes.

 

-TheWatch Tower Bible and Tract Society of Canada, Georgetown, Ont. refuses to make its audited financial statements public, forcing Charity Intelligence to ask the Canada Revenue Agency to dig them up. Nov. 15, 2011. PDF.

 

Source :

 

http://www.thestar.com/news/article/1087637--audit-of-charities-encounters-resistance

 

 

-Financial statements of the Watch Tower Bible and Tract Society of Canada :

 

2022

 

Assets : $210 948 011

Liabilities : $13 971 133

Book value : $196 976 878

 

Revenue : $143 456 860

Expenditures : $61 529 854

Net income : $81 927 006

 

2021

 

Assets : $146 270 989

Liabilities : $31 221 120

Book value : $115 049 869

 

Revenue : $151 367 957

Expenditures : $57 352 038

Net income : $94 015 919

 

2020

 

Assets : $83 141 784

Liabilities : $62 094 264

Book value : $21 047 520

 

Revenue : $103 726 175

Expenditures : $69 329 167

Net income : $34 397 008

 

2019

 

Assets : $47 214 652

Liabilities : $60 534 702

Book value : $-13 320 050

 

Revenue : $80 686 582

Expenditures : $96 025 806

Net income : $-15 339 224

 

2018

 

Assets : $ 60 752 179

Liabilities : $ 58 727 331

Book value : $2 024 848

 

Revenue : $ 75 816 218

Expenditures : $ 80 049 722

Net income : $-4 233 504

 

2017

 

Assets : $63 280 582

Liabilities : $57 478 412

Book value : $5 802 170

 

Revenue : $65 047 218

Expenditures : $91 089 733

Net income : $-26 042 515

2016

 

Assets : $88 862 552

Liabilities : $57 017 867

Book value : $31 844 685

 

Revenue : $78 828 319

Expenditures : $69 978 908

Net income : $8 849 411

 

2015

 

Assets : $79 586 279

Liabilities : $56 591 003

Book value : $22 995 276

 

Revenue : $83 321 797

Expenditures : $94 016 825

Net income : $-10 695 028

 

2014

 

Assets : $91 645 960

Liabilities : $57 955 658

Book value : $33 690 302

 

Revenue : $61 836 186

Expenditures : $118 701 348

Net income : $-56 865 162

 

2013

 

Assets : $148 806 787

Liabilities : $58 925 315

Book value : $89 881 472

 

Revenue : $46 182 878

Expenditures : $62 360 440

Net income : $-16 775 562

 

2012

 

Assets : $161 446 833

Liabilities : $54 546 284

Book value : $106 900 549

 

Revenue : $47 783 995

Expenditures : $57 987 691

Net income : $-10 203 696

 

2011

 

Assets : $167 187 789

Liabilities : $50 135 953

Book value : $117 051 836

 

Revenue : $51 048 104

Expenditures : $49 163 683

Net income : $1 884 421

 

2010

 

Assets : $161 830 259

Liabilities : $45 221 280

Book value : $116 608 979

 

Revenue : $44 988 607

Expenditures : $24 770 557

Net income : $20 218 050

 

Source :

 

https://apps.cra-arc.gc.ca/ebci/hacc/srch/pub/dsplyBscSrch

 

 

-Financial statements ending the august 31, 2012 of the religious association of Jehovah's Witnesses of France (headquarters : Watch Tower Bible and Tract Society) :

 

http://www.journal-officiel.gouv.fr/publications/assoccpt/pdf/2012/3108/387675804_31082012.pdf

 

-See also : http://ex-temoinsdejehovah.org/finances.html

 

-See also : Investments of Watchtower in the Hedge Funds in Cayman Islands, a tax haven, $40,000,000 in 2007. PDF.

 

-More financial statements of the Watch Tower Bible and Tract Society USA :

 

https://jwleaks.wordpress.com/watchtower/

http://www.watchtowernews.org/Top40NYCcorps.htm

http://ex-jw.com/watchtower-is-at-it-again-inheritances-and-assets

http://jwemployees.bravehost.com/NewsReports/2015.html

http://avoidjw.org/finances/

 

 

 

 

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