Christ is The Answer Ministry (CITAM) registered an increase in total income from Ksh1.96 billion in 2020 to Ksh2.53 billion in 2021 on December 31.
According to the Pentecostal Church’s financial report, the increase was the result of the government’s relaxed pandemic restrictions.
“Total income for the year 2021 increased by 29 percent to Ksh2.53 billion, compared to Ksh1.96 billion.
This was due to the gradual lifting of the pandemic restrictions that resulted in the reopening of learning institutions, the revival of businesses and the easing of bans on social gatherings,” part of the report reads.
CITAM Valley Road in Nairobi County
Notably, the recorded income comes from all the churches across the country, with the main church in Valley Road Nairobi.
According to the record, tithes and offerings contributed to Ksh1.57 billion of Ksh1.45 billion in 2020, the largest percentage of total income.
“Outreach ministries’ income increased by three percent to Ksh220 million, compared to Ksh213 million in 2020.
This was primarily due to the inter-unit sales of the CITAM Broadcasting Service (TNZT) program offered by Hope Media.
“There was more grant income for special projects,” the report continues.
The branches that contributed the most money were Citam Valley Road, Citam Woodley, Citam’s headquarters and Citam Thika Road at Ksh335.3 million, Ksh335.3 million, Ksh110.3 million, Ksh157.9 million and 96.9 million respectively.
Expenses accounted for Ksh488.6 million of the total income raised.
The church has many other branches spread across the country and in the US and Romania. It also runs schools and other business ventures.
Based on the report, the church does not pay taxes, as with other religious bodies.
“No tax provisions are included in these annual accounts. From November 1, 2019, the ministry is exempt from income for a period of 5 years,” the report states.
President Uhuru Kenyatta speaks at CITAM Church in Karen, Nairobi . on December 5, 2020