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Is this a fair use of religious funding?

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A religious broadcaster is building a $4 million home in a gated, lakefront community in western South Carolina at the same time that the ministry has cut jobs and reset thermostats to save money in its new headquarters. (from USAtoday, July 2nd)...now, I don't know about you, but...well, even in the community I live, which is the wealthiest in the country of it's size, per the 2000 census...a $4 million dollar home is quite specatular (I've seen tons).

Is this well, fair? Not to me...but, I could be wrong.