Articles for tag: Church Budget

Kent E. Fillinger

Church Finance FAQ

By Kent E. Fillinger The COVID-19 pandemic has dominated our time and attention for much of 2020. This month’s article provides an overview of church finances based on our 2019 survey of 439 churches, while next month’s article will share findings from a separate survey that seeks to determine the impact of COVID-19 on the financial health of our churches. How Much Money Was Given to Churches Last Year? The total amount given last year to the churches we surveyed was $872,134,383. This included giving to the general fund, capital campaigns, building funds, and other sources. This reflected less than

Kent E. Fillinger

The Debt Debate

By Kent E. Fillinger September is a prime time for churches to start planning next year’s budget, as most use a calendar year (January to December) budget cycle. To assist in your church’s budget projections, I’ll share some statistics and summaries on giving and debt from our 2018 church survey. Among church leaders, there are two distinct schools of thought about debt. Some are anti-debt and make being debt-free a primary goal of their church, while others see debt as a strategic tool to help finance the church’s vision. Whatever your thoughts, my hope is this data will help guide

Kent E. Fillinger

2017 Ministers’ Salary Survey

By Kent Fillinger In a typical workplace, and in churches, workers don’t publicly discuss salaries and certain benefits they receive. But this trend is changing among millennials. Benefits consultant Mary Ann Sardone recently told the Wall Street Journal, “Pay and promotions are not secretive topics anymore. Companies are spending more time ensuring their pay decisions are fair and highlighting career paths under the assumption that the information is going to be widely shared.” Recent research showed “roughly one-third of U.S. workers ages 18-36 say they feel comfortable discussing pay with their co-workers, more than any other age group and about

Open Your Eyes to Manage the Finances of the Church

By Brad Dupray We lived in fear. It could happen at any time. We stood with our freshly shined shoes on the edge of the carpet scanning the mall. Waiting. Watching. Our shoe store’s district manager would show up only about once a month, but when he did, we knew we were in for it. He had a knack for finding those things we didn’t see. We were “store blind.” Store blindness happens when the proprietor or employees of a retail store walk into the environment so many times that they simply don’t perceive the little things—the crooked table, the

The Tyranny of Numbers

By Jerry Harris I live every day with the tyranny of numbers. It’s everywhere I look, around every corner, in every closet, reminding me of the truth, the oftentimes painful truth. When I get up in the morning, the tyranny of numbers is waiting on the bathroom scale display. It’s in my Weight Watchers app on my phone, in my budget, my bills, and my bank balance. As a pastor, I face the tyranny of numbers when I see last week’s attendance, the offering number, and the number of baptisms. I live with the tyranny of numbers when I look

The Church Budget Shouldn”t Be This Hard!

How to Build an Effective Church Budget and Choose the Right Tool By Chris Boue Building a church budget can be hectic and complicated. Even if everyone agrees on how much the church should spend 12 months in advance, technical and administrative issues always seem to crop up. We send files back and forth, miss important email attachments, and lose track of the “right” version of that Excel file or tab. These types of problems can give everyone a bad case of heartburn. You know the budget process is going poorly when you hear statements such as, “I”ll just put

If Numbers Interest You

Here are some statistics gleaned from the 2014 CHRISTIAN STANDARD megachurch report.   AVERAGE SIZE  Megachurches: 4,622 Emerging Megachurches: 1,354 Combined average weekly attendance: 390,436   GROWTH RATES Megachurches: 3.5 percent (down from 5.6 percent in 2013); overall, 68 percent of the megachurches grew (down from 73 percent in 2013). Emerging Megachurches: 5.4 percent (up from 2.4 percent in 2013); overall, 65 percent of emerging megachurches grew (up from 52 percent in 2013). Large churches: 4.9 percent (up from 4.7 percent in 2013). Medium churches: 3.1 percent (up from 0.9 percent in 2013).   FASTEST-GROWING CHURCHES New City Church, Phoenix,

A Healthy Church Manages Debt Well

By Don Anderson Thank you for even starting to read an article about an important topic that is seldom considered exciting. I am certain I could find church leaders who would argue that an indebted church cannot be considered “healthy.” And others would argue that debt has little to do with a church”s overall health. I think the truth lies somewhere between these two extremes. Debt can be like a noose squeezing the necks of leaders, or it can be a useful tool for eliminating real obstacles to growth, such as the lack of seating or parking. Debt and commercial

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