Contributions to Per Member Asking (PMA) and Percentage of Income (POI) received by the Office of the General Assembly in fiscal year 2023 (FY23) through February 28 total $1,602,615. February PMA/POI support was $158,198.
The year-to-date total is $45,269 (2.9 percent) more than the amount received in the same period in FY22 but $29,647 (1.8 percent) under the $1,632,262 FY23 PMA/POI support projection to fund the EPC’s overall mission, vision, and Gospel Priorities of church planting, church health, effective biblical leadership, and global movement.
“I continue to be thankful for the faithfulness of our churches in financially supporting the larger work of the EPC,” said Dean Weaver, EPC Stated Clerk. “I also want to thank our staff at the Office of the General Assembly. They serve our churches and presbyteries in so many ways, but especially in their stewardship of resources. We are under budget in spending and that is a direct result of their careful stewardship.”
Of the $1,602,615 received, $320,523 (20 percent) was contributed to EPC World Outreach.
In addition to PMA/POI contributions, $4,201,558 in designated gifts were received through February 28. This total is $178,299 (4.2 percent) lower than the $4,265,978 in designated gifts received in the same period in FY22. More than $136,000 of the difference is attributed to donations to the Domestic Emergency Relief Fund in response to Hurricane Ida.
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, $3,973,833 was designated for World Outreach workers and projects, and $227,674 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 income to the church’s general operating fund. The shift will phase in over the next three years, with full POI implementation expected at the start of FY26 in July 2025.
Thank you for the financial update. I am so appreciative of the office of General Assembly for working so hard to support the mission of His Church while maintaining a balanced budget from the gifts received from our local congregations.
It is my hope and prayer that the 1/3 of our denomination not participating in PMA/POI will see their way to begin partially if not fully supporting the work of our denomination. We are in this together !