Church Financials

Church Financials

2023 Summary Financials

  1. We missed our Pledged Giving goal by $17,982 or 2.3%
  2. Designated Gifts and Program Fee revenues were $47,494 or 25.1% better than planned. This is from the Sabbatical which was paid through a Grant, and Facilities improvements. Approximately $10,500 of expenses for the new roof (approximately $50,000 total cost) were recorded in 2023. These expenses were budgeted in 2024.
  3. Operations Expense over due to $10,500 in new roof expenses budgeted in 2024, window replacement, and expenses at the Family Life Center associated with storm damage.
  4. Employee expenses were 7.27% below plan as we did not hire a full-time Associate Rector. Father George continues to be a fantastic gift to our Church.
  5. As an offset to the favorable income from the Sabbatical Grant, we also incurred the associated expenses and this explains the negative variance in Ministry.
  6. We donated $20,000 to the Church Foundation. In the 2024 Budget, we increased this amount to $25,000.
  7. After two years of no salary increases, the Vestry approved a 5% increase for Staff and Clergy.
  8. In recognition of excellent work during 2023 including the Sabbatical and no Associate for five months, the Vestry also approved bonuses this year in the aggregate total of approximately $30,000. This equates to an average of $3,300 per person and approximately 5.5% of total employee expense. Vestry felt this was strongly deserved.
  9. If we had not spent $10,500 of the $50,000 new roof budget (all budgeted in 2024), we would have finished 2023 with a deficit of approximately $5,000 - $2,500 better than our annual 2023 budget.

 

Thank you to everyone who has given to our church!

Our income is divided into two broad categories – Contribution Income and Additional Operational IncomeContribution Income is giving from our Parishioners for purposes of operating the Church.

Budgeted Income:

$1,205,195

Budgeted Pledges:

$886,060

Actual Income:

$1,225,178

Actual Pledges:

$920,091

 

+$24,789 (2.16%)

 

+$34,031 (3.84%)

If you would like to view the 2023 Annual Report please click HERE to download the pdf. If you would like a more detailed view of the 2023 Budget click HERE to download the pdf.

 

Contact Us

Episcopal Church of Our Saviour

12236 Mandarin Rd

Jacksonville, FL 32223

Give us a call

904.268.9457

Send us an email

info@oursaviourjax.org

The Diocese

diocesefl.org

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