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2023–2024 Fiscal YTD Results
Mar 2024 (month 12) $ K
Church Income...... $1,331
Church Expenses.... $1,518
Church Deficit..... $.(187)
Outreach Surplus... $..195
Combined Surplus....$....8
Fiscal year-to-date through March, the church is reporting a deficit and the outreach groups are reporting surplus. The church spending of $1,518K is offset by income of $1,331K, resulting in a church deficit of $(187)K year-to-date. The church year-to-date spending is $162K lower than the budget.
The outreach groups (PELC and The Music School) have contributed $195K year-to-date, including $59K from The Music School and $136K from PELC.
The combined organization is reporting a surplus of $8K year-to-date. March is the last month of our fiscal year 2023–2024.
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