Financial Statements

St. Peter’s Church-Lithgow 2016 Actual vs. Budget

Income 2016 Actual 2016 Budget First Half 2017 2017

Budget

2016 pledges received $200,826 $210,000  $10,295  
2017  pledges  $41,552   $96,239 $220,000
Plate offerings $1,680 $3,000 $710 $2,800
Cash offerings $11,965 $13,250 $5,707 $13,200
Total Annual Giving $256,023 $226,,250 $112,951 $236,000
Project income – Net $12,266 $12,222 $14,638 $29,470
Total restricted gifts $47,881 $25,700 $1,103 $29,800
Total unrestricted gifts $18,600 $14,528 $10,621 $15,000
Investment income $52,890 $52,000 $27,243 $55,000
Flow-through services income $17,637 $1,000 $1,941 $1,000
Service Fee Income $1,722 $1,600 $0 $2,000
Total income $407,019 $333,300 $168,497 $368,270
Total reserves $2,855 $0 $104 $0
         
Expenses        
Total Clergy Salary + honoraria  $59,610 $43,330 $34,566 $73,330
Total Clergy Benefits $42,660 $37,940 $18,019 $39,349
Total Vicarage Costs $22,275 $38,900 $12,482 $22,580
Total Contract services $73,429 $70,050 $36,330 $71,400 
 Total Membership $5,544  $5,450  $3,075  $5,500 
 Total Education $3,899  $3,074  $2,292  $3,775 
 Total Worship $8,879  $8,350  $2,292  $3,775 
 Total Utilities $8,861  $13,200  $3,913  $9,750 
Mtnc, Repairs & Landscape $12,145 $8,690 $3,237 $13,058
Total Office, Admin &
Professional Fees
$24,810 $26,200 $17,738 $26,200
Total Outreach
Disbursements
$16,974 $25,600 $21,042 $42,470
 Diocesan assessment $29,516 $29,516 $16,104 $32,208
Flow-through services expense $17,833 $1,000 $2,841 $1,000
 Capital improvements & major repairs $33,493  $22,000  $2,330  $20,000 
Total Expenses $359,928 $333,300 $177,513 $368,270
Total Income $407,019 $33,300 $153,186 $368,270
Total Expenses & Reserves $366,240   $177,617  
Net $40,779   -$24,431