We live in a time when data is everywhere. Organizations use surveys and statistics to tell all kinds of stories. Depending on who pulled and culled the data, it can look like charitable giving is up while donations to churches are down - but compared to what? Some reports compare today's giving to …
church budget Articles and Interviews (tag)
Is Your Church Ready for the Minimum Salary Increase?
When it comes to building a church budget, nothing is as important, sensitive, and even controversial as compensation. And for good reasons, compensation typically consumes the lion's share of the budget, somewhere between 45% and 55% for healthy churches. There is never a shortage of opinions on …
5-Step Plan for Building A Church Budget
It's almost May, and for our church, that means it's time to start planning the upcoming fiscal year's budget. In case you are wondering, our fiscal year begins in October and ends in September. That's right; we take five months to prepare the budget fully. Of course, not every church needs that …
Can Your Church Benefit From An ICS (Insured Cash Sweep)?
Most people don't recognize that operating a church is every bit as complicated as running any other organization and carries the same amount of weight. For example, all 501(c)(3) organizations must designate a Treasurer or CFO. Even when a team guides the financial direction, the person bearing …
Effectively Sharing Church Financial Information
We live in a time when it's easy to take for granted our incredible access to data. It's everywhere, and thanks to the internet and our willingness to have our voices heard through surveys, it's current. For example, in July 2023, Gallup posted their survey results on Americans' faith in major …
Activating The 25% That Doesn’t Financially Support Your Church
Money. Is there a more unpopular topic for churches to discuss? The very mention of it makes everyone uncomfortable, from the pastor to the skeptic. Pastors feel awkward because they know how many people in their church are financially hurting and don't want to heap guilt on top of their misfortune. …
