Below are the average weekly numbers for JANUARY
ATTENDANCE = 110
GIVING = $3,396
The following amounts are needed weekly in order to move towards becoming self-sustaining
BREAK EVEN $3,230
NEXT STEP $4,250
SELF SUSTAINING $5070
To learn all the details that go into these numbers, email finance@hopecovenant.church
BREAK IT DOWN:
If we had 110 people every week give of their financial resources to the church, how much money would each person need to give in order for us to meet the giving scenarios below?
$30 to Break Even
$38 to Next Step
$46 to Goal
If 110 people set aside $46 per week of their resources to give to the church, we would be able to fully live into the vision and the mission that God has laid on the hearts of the people at Hope Covenant Church. That’s pretty cool!!!
FUN FACT – about 42 households contributed to the TOTAL giving in January of $13,862. That averages around $330 per household last month.
THREE BUDGET SCENARIOS FOR 2017
Break even option is the current plan for weekly giving in order to meet current budget.
***Break Even***
CURRENT PLAN
$3230 Weekly Giving
$53,000 External Support
$168,000 Hope Weekly Giving
w/Interest only mortgage
TOTAL $221,000
Next step option is what we need in weekly giving minus external support to meet current budget.
***NEXT STEP***
WITHOUT SUPPORT
$4250 Weekly Giving
$0 ExternalSupport
$221,000 Hope Weekly Giving
w/Interest only mortgage
TOTAL $221,000
Goal is what we need in weekly giving to meet our current expenses, adding in full mortgage pmt.
***GOAL***
SELF-SUSTAINING
$5070 Weekly Giving
$0 External Support
$221,000 Hope Weekly Giving
+$42,660 P&I Mortgage Pmt.
TOTAL $263,660
This is awesome! Way to go!!!