January 2022 EPC financial report: PMA support outpaces January 2021, designated giving up 15 percent

 

As of January 31, Per Member Asking (PMA) contributions received by the Office of the General Assembly since the July 1 start of the EPC’s fiscal year total $1,421,979. The amount is $12,157 more than the $1,409,822 received from July 1, 2020, through January 31, 2021.

January PMA contributions were $181,693. This brings the 12-month rolling average for monthly support to $198,187—an increase of 3.1 percent over the $195,210 monthly rolling average as of January 31, 2021.

While PMA contributions are up in fiscal year 2022 (FY22) compared to FY21, year-to-date contributions are $5,944 below the $1,427,923 budgeted projection to support the EPC’s Collaborative Ministries, Connectional Support, and Custodial Operations.

“I am so very grateful that our churches continue to demonstrate commitment to the EPC with their PMA contributions,” said Dean Weaver, EPC Stated Clerk. “That support continues to run ahead of last year, and with January’s contributions we have almost closed the budget gap.”

Of the $1,421,979 received, $284,396 (20 percent) was contributed to EPC World Outreach.

In addition to PMA contributions, $3,895,904 in designated gifts were received through January 31. This total was $503,542 (15.1 percent) higher than the $3,342,362 in designated gifts received from July 1 through January 31, 2021. 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 holiday offerings.

Of the total, $3,472,453 was designated for World Outreach workers and projects, and $373,451 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.

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