October Giving Update

2010 Giving Report- October

How did we do in the month of October?

We fell short by a total of $7086 for the month of October.

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

It takes a minimum of $7426 a week during a “5-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 $8000 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 October averaged $6009 a week, this results in a $1417 a week shortfall from our minimim weekly budget of $7426. This added up to a monthly shortfall of $7086.

What does that mean?

It means two things - 1) We fell short of covering even our most basic costs, and 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.