Religion: Billy's Bucks

An evangelist's accounting

Billy Graham has always endeavored to be hound's-tooth clean about money. Early in his career he went on straight salary, * spurning the unaudited "love offerings" that used to provide income for traveling evangelists. But the Graham operation is so large and visible that there has always been intense curiosity about its finances. Lately that curiosity has deepened into outright suspicion, and to clear the air Graham's Minneapolis headquarters has issued its first full public report on finances.

The 1977 balance sheet for the Billy Graham Evangelistic Association (B.G.E.A.) and five affiliates: $38.4 million in income, $41.6 million in expenses....

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!