January 2021 EPC budget report: PMA support 6 percent above projection, slightly behind 2019 pace

 

Contributions to Per Member Asking (PMA) received by the Office of the General Assembly in fiscal year 2021 (FY21) through January 31 total $1,409,822.

The total is $190,581 (15.6 percent) more than the $1,219,241 FY21 PMA support projection to fund the EPC’s Collaborative Ministries, Connectional Support, and Custodial Operations.

PMA support in the first seven months of FY21 (which runs from July 1, 2020, to June 30, 2021) is $61,312 (4 percent) behind the $1,471,134 contributed over the same period in FY20, and roughly the same percentage lower than the original FY21 PMA projection—which was reduced by 17 percent and approved by the 40th General Assembly in September 2020 as the “Bare Bones Plus budget.” In addition, January PMA support of $174,936 lowers the 12-month rolling average for monthly PMA contributions to $195,210—approximately 3 percent less than the rolling average as of January 31, 2020.

“I am very grateful that as we turned the calendar from 2020 to 2021 our churches continue their commitment to the EPC through Per Member Asking,” said Jeff Jeremiah, EPC Stated Clerk. “God gets the glory that PMA contributions have remained strong. At the same time, we made some drastic cuts to this year’s budget that are not sustainable for the long-term. So even though we are ahead of our projections, I hope our churches continue to commit to PMA.”

Of the $1,409,822 received, $281,964 (20 percent) was contributed to EPC World Outreach.

In addition to PMA contributions, $3,386,153 in designated gifts were received through January 31. This total was $235,107 (6.5 percent) lower than the $3,621,260 in designated gifts received in the same period in FY20.

Designated gifts include support for World Outreach global workers and projects, and contributions to EPC Special Projects such as Emergency Relief, church planting and revitalization initiatives, and the EPC’s Thanksgiving and Christmas offerings.

Of the total, $3,314,830 was designated for World Outreach workers and projects, and $71,323 was designated for EPC projects. These amounts only reflect gifts received and distributed by the Office of the General Assembly, and do not reflect donations given directly to WO global workers or other projects.

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EPConnection is the news and information service of the Evangelical Presbyterian Church, a denomination of Presbyterian, Reformed, Evangelical, and Missional congregations. To the glory of God, the EPC family aspires to be a global movement of congregations engaged together in God’s mission through transformation, multiplication, and effective biblical leadership, embodying Jesus’ love to our neighbors near and far.