In 2013 it made £1.41billion, three times the amount taken by the coffee retailer but still spent more than it earned.
Almost half of revenue came from donations from parishioners with the rest coming from investment funds and fees it charges for christenings, weddings and funerals.
Other income was received from church hall rents, gift shops and entry fees for cathedrals.
The Church added that its expenditure in 2013 was higher than income, at just under £1.43 billion. Just over half of expenditure was for clergy stipends or salaries, clergy housing and parishes, and cathedral operating costs.
Caring for church buildings, including cathedrals, was 13% of spending.
A report from the Church has consolidated all of its finances for the first time giving an accurate picture of what it earns.
Carol Fletcher, Senior Financial Planner, said: "Bringing together statistics from across the Church of England is a great way of showing the extent of what we do and how we function.
"Through our investments, trading income and of course the generosity of parishioners, we have been able to continue in our mission to be a Christian presence in every community."
The report found weekly giving per parishioner has increased.
