St. Peter Financial Report

St. Peter Financial Report

The church fiscal year begins July 1. This is a six-month report of our finances at St. Peter Church and School ending December 31, 2020. Father Clark thanks all who have continued to tithe as we have exceeded our budget for giving during the first six months of theyear. However, with unbudgeted COVID expenses and a shortfall in deferred fundraising, we had a small loss for this reporting period.

Total Revenue — $1,622,740

Total Expense — $1,651,666

Net Income (Loss) — $(28,926)

The following breaks down the expenses of the parish by percentage. A complete copy of the financial report can be found on the website.

St. Peter Parish and School Percentage of Total Expense July 2020- December 2020:

Computer/Technology Convent/Rectory — 0%

Fundraising & Promotion — 0%

Insurance — 1%

Administrative Costs — 2%

Parish Property Costs — 2%

Parish Utilities — 3%

Liturgical, Other — 6%

Diocesan Assessments — 6%

Educational Expense — 17%

Pay and Benefits — 63%