Financials

Income and Expenditures

for Fiscal Year Ended April 30, 2022

As part of the Annual Meeting each year, we prepare charts because we recognize that it is easier to visualize financial information in that format. This year, we decided to put those charts in the Annual Report as well as show the financials the same way we always have. Obviously, there is much more detail in thefinancial pages than we could ever show incharts and graphs, but we trust these willassist your review of the year’s results.

TOTAL INCOME $10,244,014

This depicts the income numbers on the top half of Page 67 and provides an “at-a-glance” look at this year’s income.

TOTAL EXPENDITURES $10,164,142

This depicts the expenditures on the bottom half of Page 67 and provides an “at-a-glance” look at this year’s expenditures.

2021-22 SPENDING PLAN

This pie chart depicts the just finished 2021-2022 budget with the salaries and benefits of the paid staff associated with each ministry. You might find this easier to read than the two-page numbers on pages 68 and 69 in the report.

2022-23 SPENDING PLAN

Likewise, this pie chart depicts the new budget for 2022-2023 as recommended by the Board of Deacons and Council of Elders. While the overall budget has increased from one year to the next, the categories have increased proportionately.

MINISTRY/MISSIONS GIVING BY REGULAR MEMBERS

One of the ways we worship God and show our gratefulness for the amazing gift of the forgiveness of sins and reconciliation to the Father is through our giving back to him some of what he has entrusted to us to manage. Part of the covenant of membership in this church is that each of us will give of our time and our talent by serving and giving part of our resources for his work through this church. This chart shows that a third of our Regular Members do not give any funds to support the work of this church in advancing God’s Kingdom. Those who aren’t giving never experience the unexplainable joy that is ours when we give back to God’s work. If you aren’t giving now, why not start giving a little and increasing that over time and the joy that comes with that giving

AVERAGE # AND $ OF CONTRIBUTIONSBUDGET VS ACTUAL GIVING

God has blessed this church through the generosity of his people. This chart shows the number of giving units in the columns with the line above showing the average gift. Even though the number of giving units has declined by about 1% per year or 11% over the 10 year period, the average giving per unit has increased about 8% per year or 76% over the 10 year period.

This chart shows the comparison between the budget for each of the last 10 years, and the amount of giving that we’ve received in comparison. God has been so faithful to this church through the Holy Spirit working among us in that our giving has exceeded our budget this year. This is the first time in 13 years that this has been achieved, and only the second time in 22 years. We have much reason to praise God.

COLLEGE CHURCH PROPERTIES AND DEBT