BUDGET: Through September 30, 2025

YTD Budget Report (January – September 2025)

Income

• Total Income: $557,213

• Budgeted Income: $623,196

• Difference: –$65,983

Our giving and other income sources are behind budget. The largest shortfall comes from weekly offerings (about $41,000 under budget) and other income such as gym rentals and events.

Expenses

• Total Expenses: $608,089

• Budgeted Expenses: $648,683

• Difference: –$40,594

We have done well controlling expenses, spending less than budgeted in several areas (such as utilities, payroll costs, and ministry development). Some areas, like youth ministry and insurance, ran higher than planned, but overall expenses stayed below budget.

Net Position

• Actual Net Income (Loss): –$50,877

• Budgeted Net Income (Loss): –$25,488

• Difference: –$25,389

This means we have spent about $25,000 more than planned once we account for the lower income.

Key Takeaways (in plain terms)

1. Giving is below budget – primarily weekly offerings and some event-related income.

2. Expenses are managed well – overall, we spent less than budgeted, even while supporting ministries and operations.

3. Youth ministry had strong investment – more was spent on youth programs and activities than budgeted, reflecting active participation.

4. Overall, we are behind our financial plan – our net shortfall is about $51,000 so far this year, compared to a planned shortfall of about $25,000.

Encouragement to Membership:
God has been faithful, and our church continues to serve strongly in ministries, outreach, and youth. We invite everyone to continue supporting the work generously, so that we can finish the year strong and meet the needs of our community.

2025 BUDGET