Since religious organizations are tax exempt in the Philippines, the INC is able to acquire assets and properties through their funds without being subject to the government. An example of the cult's properties is the Philippine Arena, the largest indoor stadium in the world. Located in Victoria, Bulacan, the 55,000-seat dome is one of the church's most important and expensive projects, costing over $213 million (£9.4 billion) to build (Newcomb, 2011). Additionally, INC has educational institutions such as New Era University, a private center for higher education based in Bulacan. Their media wing, Eagle Broadcasting Corporation, provides free-to-air news and information on the church's activities. The group also purchased a small town in South Dakota for $700,000 (£34.9 million) in 2011 (ABS-CBN, 2015b). Other notable properties include a luxury apartment tower in Bonifacio Global City that sold for P1 billion and two private jets; a Boeing 737-700 worth over £3.6 billion and an Airbus A330-200 aircraft worth £10.3 billion (Hofileña, 2015 and Hofileña and Santos,