Murray Watkinson, a former carpet layer who sold his carpet business in Wellington in 1975 after "encountering God in a supernatural way", began the Celebration Centre church in 1990 in Aranui with about 80 followers. Read more

One wonders, however, if an accountant would reach the same conclusion.

When it comes to the financial dimension of Catholic life, there are certainly some deep pockets out there. Just to offer a few examples:

• The University of Notre Dame, America's flagship Catholic university, has an annual budget of $1.2 billion and an endowment estimated at $7.5 billion.
• The Archdiocese of Chicago last year reported cash, investments and buildings valued at $2.472 billion.
• The Knights of Columbus has more than $85 billion of life insurance in force, with $8 billion in annual sales.
• In Rome, the Institute for the Works of Religion, known popularly (if, some say, inaccurately) as the "Vatican Bank," administers assets in excess of $6 billion.
• American Catholics drop more than $8 billion every year into the Sunday collection plate, which works out to more than $150 million a week.
• In Germany, the Catholic church netted $8.8 billion in 2010 from the national "church tax," allowing it to remain the country's largest private employer after Volkswagen.

Simply ticking off those dollar amounts, however, two points are easy to miss. Read more

Sources

• John L Allen Jr in National Catholic Reporter
• Image: Web Gallery of Art