Thursday, November 10, 2011

October Giving Update 2011

How did we do in the month of October?

We were $5,208.40 short of our monthly budget.

How much does it “cost” to run the church?

In a 5 Sunday month it takes a minimum of $35,747. It allows us to pay the bills and fund a minimal amount to our ministries.

How much was the actual giving for the month?

The giving for October was $30,538.60.

What do we do cover the short fall?

For the first time we had to tap into our “back up” reserve. Obviously this is not good. Previously we were able to cover the shortages by using exisiting funds. But at this point we do not have the cash to cover the on going shortage.

What's the fix?

Right now, we are falling short by an average of $500 dollars per week. Either we need to increase our income or make more cuts in minstry. Our hope is not to reduce ministry, but to see the giving go up. $500 is a significant amount, and it’s significantly affecting our church. But it’s a shortfall we can overcome. For example, in a church of 100 people, a $500 increase in giving averages out to only $5 a week per person.


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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