July 2026 Budget Update

We realized after posting the budget update a week ago that there was an error. In May we made an extra $60,000 payment on the mortgage. This amount, which was paid out of our cash reserves, was inadvertently posted as an expense in our operating budget causing our YTD expenses to be $60,000 higher than they actually are. We have made the correction and have updated the numbers below.

July Revenue: $105,434

July Expenditures: $137,807

July Net Operating Revenue: -$32,373

Fiscal YTD Revenue: $480,118 (2025 = $457,838)

Fiscal YTD Expenditures: $540,218 (2025 = $544,315)

FYTD Net Operating Revenue: -$60,100 (2025 = -$88,976)

2026-27 Budget Monthly Need: $145,317

Cash Reserves: $454,712 (3.13 months)

Mortage: $459,841

Faith uses a fiscal year that runs from April 1 - March 31. Thank you for your generosity!

Maybe you have been attending Faith for some time but haven’t yet engaged in giving to the local church.  If so, we would invite you to prayerfully begin giving financially to the church.  Not only will it help us engage mission, but we believe there is joy to be had in being generous!  There are a number of ways you can give.  On Sunday mornings, you can give by placing your gift in the offering box as you leave the service.  As well there are online options for giving through the Church Center app or on our website (faithmanhattan.org/give).