April 2023 EPC financial report: POI support ahead of 2023 budget


Contributions to Percentage of Income (POI) and Per Member Asking (PMA) received by the Office of the General Assembly in fiscal year 2023 (FY23) through April 30 total $2,068,194. April POI/PMA support was $237,495.

The year-to-date total is $6,992 (0.3 percent) more than the $2,061,202 FY23 support projection to fund the EPC’s overall mission, vision, and Gospel Priorities of church planting, church health, effective biblical leadership, and global movement. FY23 contributions are $122,042 (6.3 percent) more than the amount received in the same period in FY22.

“I praise God for His undeserved goodness to us,” said Dean Weaver, EPC Stated Clerk. “In addition to POI exceeding the budget, our expenses are more than $23,000 under budget and most of the line items are at or below the projected spending level.”

Of the $2,068,194 received, $413,639 (20 percent) was contributed to EPC World Outreach.

In addition to PMA/POI contributions, $5,265,272 in designated gifts were received through April 30. This total is $159,222 (2.8 percent) lower than the $5,708,990 in designated gifts received in the same period in FY22. Nearly all ($141,707) 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, $4,982,594 was designated for World Outreach workers and projects, and $282,677 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.

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About EPConnection

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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