May 2019 EPA Financial Update

Dear Conference, 

Below for your information is an overview of the EPA financial data for the period through May 31, 2019.

Connectional Ministries Fund

Church giving for the Connectional Ministries Fund (CMF) was $1,395,534 through May 2019.

Local church giving to CMF was $198 thousand more than budget and $60 thousand more than May 2018.

Expenses through May 2019 was $1,097,867 that was $187 thousand less than the year-to-date budget and $133 thousand more than May 2018.

All Funds

The local churches paid $5.79 million or 34% of the total billed of $16.89 million to all churches.

This is similar to the prior year when local churches paid $5.68 million 34% of total billed of $16.86 million.

The apportioned funds (CMF, WSF and GCF) giving through May 2019 was $2.12 million or 32% of total budget. The total percentage is up 1% from the prior year. The amount through May 2018 was $2.06 million or 31% of the budget.