JOIN US MAY 20-21 FOR RESTORE CONFERENCE

Mary
DeMuth

Scot
McKnight

Screenshot 2023-01-13 at 1.50.18 PM

Naghmeh
Panahi

Reporting the Truth.
Restoring the Church.

The Gospel Coalition Leaves ECFA

By J.C. Derrick
The Gospel Coalition

The Gospel Coalition (TGC) has voluntarily resigned from the Evangelical Council for Financial Accountability (ECFA) citing financial considerations. 

“TGC had multiple memberships with financial-accountability organizations,” TGC said in a statement. “For stewardship and expense-reducing reason the Board decided to reduce our memberships.”

TGC continues to maintain profiles on Charity Navigator and GuideStar, which shows the organization had revenue of $5.1 million in 2018. A chunk of that revenue comes from events—one of which it had to postpone due to the COVID-19 pandemic. 

The move puts TGC among a group of 99 organizations to voluntarily withdraw from or be terminated by the ECFA in the last 12 months, but it’s arguably the most influential. TGC operates one of the largest Christian websites in the world, with more than 40 million unique users per year. 

Calvin Edwards, an expert on nonprofit management, suggests that ECFA may be losing value with its members.

Your tax-deductible gift helps our journalists report the truth and hold Christian leaders and organizations accountable. Give a gift of $30 or more to The Roys Report this month, and you will receive a copy of “Hurt and Healed by the Church” by Ryan George. To donate, click here.

“There’s been so many cases where the ECFA has been slow to expel or discipline its members who are out of compliance,” Edwards said. “I think the donors are becoming wary of it in terms of its value.”

The ECFA, founded in 1979, issues pass-fail grades to Christian organizations based on its Seven Standards of Responsible Stewardship. But in recent years many have raised questions about how much the ECFA stamp of approval is worth, as organizations such as Harvest Bible Chapel, the National Religious Broadcasters, and Gospel for Asia remained members in good standing amid serious financial problems—and, in some cases, financial improprieties. 

Edwards said the ECFA standards are good, but they’re not as robust as some may assume. 

“People need to understand what it stands for: It stands for financial standards and not financial health,” Edwards said. 

Though 99 organizations have left the ECFA in the past year, 200 have joined, for a net increase in ECFA membership during the past year.  The ECFA website says it has more than 2,400 current members. 

CORRECTION: An earlier version incorrectly stated that the ECFA added 50 new members in the past 12 months, instead of 200.

J.C. DerrickJ.C. Derrick is a journalist and former managing editor at WORLD Magazine.

SHARE THIS:

GET EMAIL UPDATES!

Keep in touch with Julie and get updates in your inbox!

Don’t worry we won’t spam you.

More to explore
discussion

2 Responses

Leave a Reply

The Roys Report seeks to foster thoughtful and respectful dialogue. Toward that end, the site requires that people register before they begin commenting. This means no anonymous comments will be allowed. Also, any comments with profanity, name-calling, and/or a nasty tone will be deleted.
 
MOST RECENT Articles
MOST popular articles
en_USEnglish

Donate

Hi. We see this is the third article this month you’ve found worth reading. Great! Would you consider making a tax-deductible donation to help our journalists continue to report the truth and restore the church?

Your tax-deductible gift helps our journalists report the truth and hold Christian leaders and organizations accountable. Give a gift of $30 or more to The Roys Report this month, and you will receive a copy of “Hurt and Healed by the Church” by Ryan George.