Religious Organizations in Illinois - Industry Market Research Report

  • ID: 4578541
  • Report
  • Region: Illinois
  • 30 pages
  • IBISWorld
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Revenue has risen: Improving economic conditions in Illinois has kept revenue growing

FEATURED COMPANIES

  • The Catholic Church
  • The Evangelical Church
  • MORE

Religious Organizations in Illinois

The Religious Organizations industry in Illinois has experienced its share of ups and downs in recent years. While revenue has been growing religious organizations have had to contend with an extended fallout from the recession, which not only dampened donations (their primary source of revenue) but also stretched their resources thin, as many organizations worked to help their struggling members. Improving per capita disposable income, largely due to falling unemployment rates in Illinois, has helped to sustain donations from members. However, increasing education levels and changing socioeconomic views have made it difficult for many religious organizations to expand their membership. Over the five years to 2022 the industry will benefit from falling unemployment and continued rises in disposable income. Nonetheless, changing demographics and attitudes toward religion will force religious organizations to improve marketing and outreach while finding new ways to connect with their communities in the coming years.

This industry consists of religious organizations that provide religious worship or promote religious activities for both organized religions and smaller faiths that are not recognized in mainstream religious teaching. Establishments include churches, temples, mosques, synagogues and other houses of worship, as well as convents, monasteries and religiously-affiliated community centers. This industry does not include schools and hospitals operated by religious organizations.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

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FEATURED COMPANIES

  • The Catholic Church
  • The Evangelical Church
  • MORE
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY
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  • The Catholic Church
  • The Evangelical Church
  • The Mainline Protestant Church
  • Historically Black Churches
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