Popular churches in Nairobi have reported a significant increase in revenue from tithes and offerings in their financial reports released for the year ended December 2024.
Releasing its full-year results, CITAM revealed in its latest report that income increased by 4% to Ksh2.412 billion, with most of the Assemblies recording income growth in 2024 compared to 2023.
Advertisement
CITAM Churches Financial Report
Additionally, income from CITAM’s business units saw a 14% increase, rising to Ksh894 million in 2024, up from Ksh782 million in 2023, after accounting for inter-unit sales.
“This was due to new schools and units established in the year and increased enrolment in the schools. The new units were CITAM Schools Thika Town and Kitengela, and the new units were Kijito Fresh,” the report read.
Advertisement
In the 2023 financial year, the church recorded Ksh 2.312 billion. This was attributable to a significant increase in tithe and offerings, full-year performance for the new assemblies and strengthening of the USD to Ksh which was favourable for the international churches.
Christ is the Answer Ministry has over 33 assemblies, sitting about 45,000 people in Sunday service attendance. CITAM owns Hope Media which runs Hope TV and Hope FM and rental properties which generates extra income for the church.
Advertisement
CITAM BRANCH | INCOME IN 2024 (In Ksh) |
CITAM Buru Buru | 127 million |
CITAM Valley Road | Ksh404 million |
CITAM Karen | 215 million |
CITA Thika Road | 146 million |
CITAM Ngong | 104 million |
CITAM Woodley | 253 million |
Others | 1.1 billion |
Also Read: John McBride & Rev. Richard Bombay, Founders of CITAM Church
Nairobi Chapel Financial Report
On its part, Nairobi Chapel reported that income from tithes and offerings increased from Ksh551.1 million in 2022 to Ksh641.3 million in 2023.
“The recorded income comprises tithes and offerings, interest received, gifts and partnership support, and donations in kind. The income received increased from Ksh555,372,759 in 2022 to Ksh. 658,982,906 in 2023, reflecting a 19% growth,” the financial report read.
Further, the church stated that Gifts and partnership support increased by 9%, from Ksh. 1,341,477 to Ksh. 2,638,143.
Nairobi Chapel was founded in the early 1990s. It has grown significantly, establishing more than 10 branches across the country with the main branch in Nairobi while the rest spread across different counties.
Also Read: I am Unapologetic; Ruto Speaks After Splashing Millions to Church
All Saints Cathedral Financial Report
At All Saints’ Cathedral in Nairobi, collections from tithes and offerings also saw a slight increase, rising from Ksh193 million in 2023 to ksh196.1 million in 2024.
All Saints’ Cathedral Church (ASC) serves as the Provincial Cathedral of the Anglican Church of Kenya and the Diocesan Cathedral of the All-Saints’ Cathedral Diocese in Nairobi.
The Cathedral is strategically located within the heart of Nairobi, with its main sanctuary preserved as a national monument. As a “listed building” registered under the National Museums of Kenya in the Ministry of National Heritage, it also serves as a key facility for national celebrations.
Follow our WhatsApp Channel and X Account for real-time news updates.