Independent congregations and other non-profit organizations, especially those of evangelical commitments, can find in the ECFA an accrediting agency dedicated to helping Christian ministries earn and maintain public trust. Its members commit to adhering to “Seven Standards of Responsible Stewardship”. These focus on board governance, financial transparency, integrity in fundraising, and the proper use of charitable resources. ECFA members include Christian ministries, denominations, churches, educational institutions and other tax-exempt 501(c)(3) organizations. Collectively, these organizations represent nearly $20 billion in annual revenue. Each of the nearly 1,700 accredited members of ECFA is in compliance with ECFA's Standards and has functioned for at least 12 months after receiving its 501(c)(3) ruling letter from the IRS (waived for churches that have operated for at least 12 months). Members have received revenues of more than $50,000 during its last fiscal year and have obtained financial statements prepared by an independent CPA. The ECFA provides updates on financial information through email, correspondence and regional workshops.
Reviewed by Brian Witwer