Well yes that’s what I’ve been saying. They have everything coming at once:
1. Decline in wealthy countries that are net contributors.
2. Growth in poor countries that are a financial drain. (Honduras alone reported to cost $6 million net per year)
3. Millions of new Bibles to supply when they can least afford it.
4. Relying on “income” from property sales to cover ongoing expenses, an unsustainable stop gap measure.
5. Making cuts that don’t save as much as they hoped. (Cutting printing by 90% doesn’t cut printing costs by 90% and cutting bethelites by a quarter doesn’t save a quarter of the costs)
6. Increasing legal costs.
7. Payouts and settlements in legal cases.
8. Decreasing contributions from publishers in response to cutbacks and media reports of legal settlements.
9. No apparent way to monetise any of their output either old print media or new broadcasting output.
10. No apparent wealthy benefactors as other groups often rely upon.
Yes on top of all of this, if the economy in general gets worse, it’s difficult to see how an organisation that is already struggling, will be able to survive.