Thursday, October 13, 2005

The Christian Coalition On Brink Of Bankruptcy.

The once powerful religious right political organization, the Christian Coalition, founded by evangelist Pat Robertson is on the brink of bankruptcy and total collapse.

The organization, founded in 1989 in wake of Robertson’s failed bid for the presidency, collected an annual revenue of $26 million in 1996, but has shrank to just $1.3 million in 2004, and has left unpaid bills across the nation.

Creditors have begun to sue to coalition for nonpayment of bills, including property owners, direct-mail companies, lawyers, and even a former employee. Hundreds of thousands of dollars are owed by the coalition to creditors, and at least a dozen claims have been brought against the organization since 2001, including a small claims case in Henrico County trying to collect $1,890 on an unpaid bill.

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