Financial Report January 2017

Jan 2017 Jan 2016
Local Contributions $21,377 $22,067
Other Income $3,067 $2,335
Total Income $24,444 $24,402
Office & Admin $380 $464
Building $2,795 $5,247
Ministries $252
Salary & Benefits $20,896 $18,434
Presbytery/Conf $1,661 $1,610
Other Expenses $661 $686
GST $90 $117
Total Expenses $26,735 $27,043
Net Income ($2,291) ($2.642)

Comments:

Income:

January Local Contributions were slightly down from last year. Total Income was slightly higher than last year because of the timing of some rental income.

Expenses:

Expenses down slightly from last year primarily because of phasing early in the year.

Net Income: Our Net income for January is negative $2,291. This is comparable to last year and in the range of what is expected although it is early in the year.

About the Author

Leave a Reply

*

captcha *