December 2022 EPC financial report: PMA/POI support trails budget


Fiscal Year 2023 (FY23) Per Member Asking (PMA) and Percentage of Income (POI) contributions received through December 31 by the Office of the General Assembly total $1,216,952. The amount is $78,070 (6.0 percent) less than the $1,295,022 FY23 PMA/POI support projection to fund the EPC’s overall mission, vision, and strategic priorities.

The year-to-date total is $23,334 (1.9 percent) less than the amount received in the same period in FY22. December PMA/POI support was $300,628—51,389 less than the budgeted projection. Total operating expenses are $94,296 under budget and $11,900 less than the same period in FY22, offsetting the lower support totals.

“Our numbers are somewhat disappointing, but we know that some are end-of-year timing issues and some reflect the larger reality of our current economy,” said Dean Weaver, EPC Stated Clerk. “I know many of our churches are struggling, and I praise God for their faithful support of our mission and vision during difficult times.”

Of the $1,216,952 received, $243,390 (20 percent) was contributed to EPC World Outreach.

In addition to PMA/POI contributions, $3,123,261 in designated gifts were received through December 31. This total was $257,980 (8.3 percent) lower than the $3,381,241 in designated gifts received in the same period in FY22.

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, $2,963,295 was designated for World Outreach workers and projects, and $159,966 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.

Commissioners to the denomination’s 42nd General Assembly in June 2022 approved a transition from the Per Member Asking (PMA) funding formula to a Percentage of Income (POI) model. Under PMA, churches were asked to contribute $23 per member to the Office of the General Assembly. The POI model is a request for churches to support the national level of the EPC with 1 percent of undesignated receipts. The shift will phase in over the next three years, with full POI implementation expected at the start of FY26 in July 2025.

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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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