Thursday, December 9, 2010
November Giving Update
How did we do in the month of November?
We fell short by a total of $8,306 for the month of November.
How much does it “cost” to run the church?
It takes a minimum of $7,930 a week during a “4-Sunday” month. This is the bare bones fixed costs of keeping the doors open. It allows us to pay the bills, but leaves little for actual ministry. A more ideal level of funding is $8,400 a week. This allows us to pay the bills and have money for ministry.
How much was the actual giving for the month?
The giving for November averaged $5,853 a week, this results in a $2,077 a week shortfall from our minimim weekly budget of $7,930. This added up to a monthly shortfall of $8,306.
What does that mean?
It means two things -
1) We fell short of covering even our most basic costs.
2) We needed to tap into our reserve money to pay the bills. Obviously this is not a good thing, and if it continues, we’ll have to make further cuts to an already bare bone budget.
Is there anything else I need to know?
If you’re someone who regularly gives to God at New Life: Thanks! Your giving makes a difference.
If you’re someone who is not yet giving: Make a decision to get involved. Take the first step toward the biblical practice of giving.. You can find out more about giving here.
And for everyone: Please take time this week to pray for the finances of both our church family, and the individual families that make up New Life.
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