By now, most church leaders know that compensation is typically one of the most significant portions of the budget pie. The typical, healthy church spends somewhere between 45%-55% on compensation costs. For clarity purposes, compensation includes: Sadly, churches and non-profits are often …
Search Results for: church budget compensation
Church Budget: A Great Tool, But Horrible Builder
I've never been a skilled carpenter, but I really want to be. I take on a lot of DIY projects around my house, but I often hit points in the project where the job is beyond my skill set. I've even started to purchase better tools like a nail gun, jigsaw, and drill press. There is no doubt in my mind …
Church Finance Basics – Reporting to the Board
Before I left my career as an IT professional for a large golf manufacturer to go into full-time vocational ministry, I joined the elder board of my church. Even though I underwent an extensive training program evaluating my fit with the church's theology, biblical qualifications, and structure, I …
Sharing the Church Budget Appropriately
As the final month of the fiscal year wanes, many churches are putting the finishing touches on the budget for the upcoming year. Even though the process likely started months ago, a flurry of activity always happens during those last thirty days. It seems like everyone is waiting until the last …
3 Strategies for Reducing the Church Budget
In September of 2022, Pew Research published a report showing that about 64% of Americans (including children) consider themselves Christians. In today's polarized American society, getting 64% to agree on anything should be a cause for celebration. However, that statistic is less encouraging …
Church Budgeting in 3 Simple Steps
I worked for Callaway Golf, one of the world's largest golf manufacturers, during its heyday in the early to mid-90s. It was so exciting to be a part of the explosive growth in the golf industry and how Callaway Golf leveraged the sudden interest in golf into a billion-dollar, world-class company. …