Scientology Critical Information Directory

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Scientologists report assets of $400 million

Title: Scientologists report assets of $400 million
Date: Friday, 22 October 1993
Publisher: New York Times
Author: Robert D. Hershey Jr.
Main source:
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WASHINGTON, Oct. 21 — The Church of Scientology, the secretive and combative international organization that recently won a decades-long drive for Federal tax exemption, counts assets of about $400 million and appears to take in nearly $300 million a year from counseling fees, book sales, investments and other sources, according to documents filed with the Internal Revenue Service. The financial disclosures are in documents the church was required to file with the I.R.S. in applying for tax-exempt status, conferred on 30 ... [Read the rest at]