Pledge Update


Although we started the year with high prepaid pledges, and solid giving through the first four months, pledge receipts have dropped considerably the past three months.  Currently, without any changes, we are forecasting an operating shortfall of about $45,000.

Year to date operating numbers through July:

Income
Year to Date
Budget
Pledges
452,714
475,226
Other Giving
34,234
57,336
Other Income
10,416
9,129
Total Income
517,424
562,535
Expenses
Parish & Spiritual
18,410
14,642
Mission & Outreach
71,786
77,116
Finance & Admin
469,986
469,986
Total Expenses
560,182
560,182
Surplus (Deficit)
-42,758
12,852
Two years ago we faced a similar forecast and you were asked you to consider adding an extra month to your pledge to cover the difference.  You responded and we ended the year with a tiny surplus.  So we would like you to consider an increase to your giving again this year.  You can indicate your increased intent or giving by emailing me at mszen@roadrunner.com or calling me at (843)-342-5800 or the church office at (843) 681-8333. You can put your additional pledge or gift in the Sunday collection and mark it “2018 Shortfall.” Or you can make a payment online at our giving page here.

With the stock market doing well, we have been surprised that we have not seen more stock gifts.  By giving stock directly to the church, you eliminate having to pay brokerage fees and capital gains taxes.   Again, call the numbers above if you wish to make a stock gift.