Urban Bridge Church Financial goals for June 07 to June 08
UBC first year finance update and budget for 2007/2008
Finances for 2007 July 1 06 to June 30 07
Rounded figures
Income:
UBC giving: 113, 303
monthly incomes: 9, 400
Outside support from CCC, District: 67,970
Last year our total income was 181, 273
Expenses
Total expenses 111,550
Set aside for
20% of 113, 000 for Mercy: 26,400 (incl. 12,500 to Rwanda)
10% of UBC operating costs to tithe: 8, 600
The Rest:
PCM (Matt Glombick), Church planting: 76,500
Church daily operations:
Including salary, facility Rent, admin and ministry
Balance (money in the bank): 69,700
2008 Budget
District and CCC support is completed
UBC giving: 178, 800
monthly income needed: 14,900
20% of total income set aside for Mercy: 35,200 (includes 200.00 month to PCM)
10% UBC operating costs to tithe: 14,000
10% UBC operating costs to Church Plant: 14,000
2.5% operating expenses to Vanguard: 2,800
Church daily operations: 112,800 (Including: salary, facility rent, admin and ministry)
+ We wish to raise an extra $25, 000 for HIV aids widows homes in Rwanda
Cost for ministry 109,975
Our average monthly giving to general fund 9200.00
General Breakdown
28400 for salary
26000 rent
4000 equipment purchases
18000 for admin
20,000 for urban life
5000 for inflation
The UBC community is our only source of income, and we pay all of our expenses out of the general fund including
20% to Mercy – in addition to this we want to raise an additional $25,000 for HIV Aids Mercy houses in Rwanda
10% to Church planting
12% to denominational support
Please give to the general fund first knowing we are supporting what you value, after that give extra to the individual values listed.
We bridge Christ and culture.