Financial Statements

St. Peter’s Church-Lithgow 2018 Actual vs. Budget

Income 2018 Actual 2018 Budget   BUDGET
2019
2018 pledges received $229,950 $230,000    
2019 pledges       $243,000
Plate offerings $5,496 $2,000   $2,500
Cash offerings $8,662 $12,000   $12,000
Total Annual Giving $244,108 $244,,000   $257,500
Project income – Net $28,736 $30,416   $23,500
Total restricted gifts $20,920 $22,350   $16,900
Total unrestricted gifts $29,433 $5,000   $9,450
Investment income $57,199 $55,500   $58,000
Flow-through services income $12,032 $1,000   $1,000
Service Fee  & Honoraria Income $3,713 $3,584   $4,000
Total income $396,141 $361,850   $370,350
 Reserves $18,139 $0   $66,088
Promises Reserves    $47,949      
         
Expenses        
Total Clergy Salary + honoraria  $72,600 $66,970   $57,000
Total Clergy Benefits $38,586 $39,449   $37,391
Total Vicarage Costs $21,641 $19,500   $19,500
Total Contract services $81,576 $75,480   $102,625 
 Total Membership $6,209 $6,300   $7,150 
 Total Education $3,467 $2,300    $2,300 
 Total Worship $9,890  $14,500    $8,600 
 Total Utilities $10,495  $8,150    $10,470 
Mtnc, Repairs & Landscape $13,930 $14,990   $14,220
Total Office, Admin &
Professional Fees
$26,847 $28,700   $26,900
Total Outreach
Disbursements
$20,515 $34,600   $28,750
 Diocesan assessment $32,900 $35,911   $34,444
Flow-through services expense $12,032 $1,000   $1,000
 Capital improvements & major repairs $22,403 $14,000    $20,000 
Total Expenses $373,091 $361,850   $370,350
Total Income $396,141 $361,850   $370,350
Total Expenses &  Reserves $391,230      
Net $4,911 0   0