Blog: Actor Will Smith: Putting the Church of Scientology Into Perspective - 2014-04-25

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F0.png Actor Will Smith: Putting the Church of Scientology Into Perspective April 25, 2014, Jeffrey Augustine, Scientology Money Project

The central question: How much is the Church of Scientology worth?

Based upon the 990-T's the Church filed with the IRS, It is now completely accurate to say that the Church of Scientology, as of 2012, had a stated book value of $1.5 billion. How much more the Church has remains unknown at present.

Some people say the Church has at least $2 billion in cash in trusts with names like IAS, SIRT, CSRT, and SOR. I wouldn't know. But for the sake of argument, let's say Scientology has $2 billion in cash in addition to the $1.5 billion we know about from the 990-T's.This would indicate that the Church of Scientology has cash and real estate totaling ~$3.5 billion dollars.