Managing a church’s finances can often feel like a delicate balancing act. Congregational demographics are changing for churches across the country, and many people simply can’t afford to contribute as much to the collection plate as they may have in times past. Implementing effective long-term strategies can help you navigate financial challenges while managing church finances in these changing times.
Author Archive for: ‘Charles P Myrick CPA’
As a church leader, you know your church is more than just a building - to you and to your congregation. It is a place of worship, community, and hope. Unfortunately, like any other building, (especially if it is an old one), it requires regular maintenance to keep it in good condition. It’s important to think ahead, before the day comes when an emergency repair is necessary...and it’s always a good idea to create a long-term financial plan for church repairs and maintenance.
As we near the close of Advent on the Christian calendar, Christmas is just around the corner. During this beautiful season of light and hope, we celebrate the Nativity of the Lord and look forward to the possibilities of the new year. For church leaders, it’s also a time of planning and budgeting for their programs which support the community. Ministries both large and small face many of the same quandaries year after year, due to funding uncertainties and rising costs. Read through for some helpful ideas if you are tasked with managing fundraising and budgeting for your church.