“As each has received a gift, use it to serve one another, as good stewards of God’s varied grace.” First Peter 4:10
St Luke’s parish works diligently on stewardship, fundraising, and managing expenses.
In 2016, our income of $190,433 that is reflected on the 2016 Annual Report was derived from Pledges and Offerings (63%), Trust (12%), Grants (11%), our Endowment Fund (9%), Fundraisers (3%), and Facilities Usage (2%). A decision was made to withdraw from our endowment account to cover unexpected Operating Costs, but our end of year Operating Cash without this withdrawal was almost flat versus 2015.
2016 Parish expenses are broken down by Rector and Staff (65%), Building and Grounds (19%), Diocesan Pledge (10%), Administration (3%), Other (3%).
The 2017 budget for income is $153,200 that is reflected on the 2016 Annual Report. A reduction in budgeted income is a result of not using reserved endowment funds for any operating income and a conservative budget for pledge and plate contributions. As of April 30, 2017, our pledge and plate income exceeds our budgeted amount by 5% and our total income exceeds our total expenses by 40%.