By the Numbers

Financial Performance for the First Quarter, 2022

Financial performance for the first quarter was somewhat surprising.  Total giving for the quarter was $320,000, $62,500 over budget.  Expenses were $212,000, almost $9,500 below budget.  As a result, All Saints finished the quarter with an Operating Surplus of $111,863, well over our budget estimate of $39,725.  The increased giving was the result of some large 2022 annual pledges being fully paid in this quarter and some very generous “Undesignated” gifts.  Unfortunately, as wonderful as this has been, it means that pledge receipts for the rest of the year will most likely be below our estimate since many large pledges have already been fully paid.

 

Pledge Income

 

Our 2022 stewardship campaign currently stands at about $735,000.  Our hope is that this will increase to about $750,000 which would be about 5% below our highest total in 2018.  During the pandemic, we lost about 50 members, many of whom were very generous to the All Saints.  We are now very encouraged by the number of newcomers interested in joining All Saints.

 

First quarter pledge income was $267,000 and exceeded budget by $32,000.  As suggested above, some of this was due to parishioners who paid their full year pledge during the first quarter. With our history of almost 100% payment versus pledges and with the encouraging growth of new members, we’re optimistic that 2022 will be financially solid.

Budget vs. Actual for the First Quarter

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Budget vs. Actual for the Year-to-Date

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Pledges paid by quarter in 2022

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Distribution of Annual Giving

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