The billion-dollar religious economy of S’pore: How much money do religious organisations bring in?

Of that S$3.68 billion, religious charities took the single largest slice at S$1.4 billion, accounting for nearly 40% of all charitable donations received that year. Other large congregations—City Harvest Church, Cornerstone Community Church, and Faith Community Baptist Church among them—file similarly substantial numbers. HEB reported S$19.6 million in total income for FY2025, including S$4.6 million in donations and contributions as well as S$5.5 million in temple service income. For example, Arulmigu Velmurugan Gnana Muneeswarar Temple reported S$4.16 million in total income for FY2023, while total expenditure amounted to S$1.18 million. Across Singapore, religious organisations collectively support a wide range of initiatives.