My thoughts were more along the lines of someone setting up a collection of caches that were intended for coin collecting. I'm not a religious person so I had to look it up.
ACTS 2:38 Peter replied, “Repent and be baptized, every one of you, in the name of Jesus Christ for the forgiveness of your sins. And you will receive the gift of the Holy Spirit.
At first I was thinking the religious login could have two possible meanings but not all the caches are right by water so that ruled out one train of thought. The only other thing that comes to mind as almost no effort was put into the caches, that this person is putting a serious of "net" caches out to collect trackables and the religious name is a way of saying "I don't care as I'll still be forgiven for my sins". Kind of sad if thats the case. I may do the caches down the road if they stay active for a while, but I wouldn't be dropping trackables in them just in case.
There is a very fine line between 'hobby' and ‘mental illness'. ---Dave Barry