Digital advertising and cloud computing services are the top three digital service revenue drivers for the churchgate service, according to the latest data from the National Conference of State Legislatures.
The report, released Monday, shows that the church’s revenue dropped 1.4% in the second quarter.
“Digital advertising and other revenue was the fastest growing sector,” said Robert W. Jones, president of the NCSL.
Digital advertising revenue rose 3.4%, to $1.2 billion, and cloud-based services grew 2.2%, to nearly $1 billion, according the report.
Jones said that the cloud-computing service grew at a 2.6% rate and the computer services revenue rose 2.4%.
The church had an overall revenue of $2,876 million for the second half of fiscal year 2016.
For the quarter, digital advertising revenue was up 6.2% to $2 billion and cloud services revenue grew 6.5% to nearly a billion dollars.
The report also shows that for the third quarter, computer services accounted for about 1.5%, or $300 million, of church revenue.
A spokesman for the Catholic Diocese of Las Vegas, which manages church properties, said the church was “satisfied” with its financial results.
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