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.
Posted by: Charles P Myrick CPA
Posted on: Dec 22 2022
Posted by: Charles P Myrick CPA
Posted on: Aug 23 2021
Many churches have reopened their doors to in-person gatherings. Unfortunately, many of those same churches have reported that attendance has not recovered as quickly as hoped. A possible byproduct of lower attendance reported by churches is that giving has gone down, leaving church boards with far fewer resources. As churches creep back toward full service and ministry, church leaders must reexamine expenses, priorities, and make a plan for financial recovery.
Posted by: Charles P Myrick CPA
Posted on: Dec 28 2020
Earlier this year we shared the initial reasons why churches were concerned about reduced giving due to COVID-19 and how they handled it. Here, we look again at the challenges churches have faced and offer additional suggestions for handling a potential budget shortfall in 2020.