Gift income includes gifts and contributions from individuals, special offerings, estate gifts, funds raised for disaster relief, and ministry shares. Among all these sources one of the most important, though often the least understood, is ministry shares.
We all face tough questions about our charitable giving. In tough financial times, these questions are even harder to answer. That’s one reason why the Christian Reformed Church in North America has a system called ministry shares.
Since ministers are not allowed to deduct church related business expenses from their local church employment as self-employed workers, often ministers and other church employees pay unnecessary income taxes on legitimate business expenses.