TITHES & OFFERINGS OVERVIEW
2024-25 FISCAL YEAR-TO-DATE (April-March)
Island Church accounts for your giving in two ways; Tithes & Offerings.
Tithes: The Biblical definition of tithe is to give 10% of your income. Tithes are used to resource the vision & mission of the local church.
Offerings: These should be given above your regular tithes. 100% of the funds are passed through to the cause for which they were raised.
Special offerings are separate from the general church operating budget. When you give to a special offering, 100% of the money is passed through to the cause.
2024-25 Special Offerings
$10,534 - Youth Camp & VBS
$6,807 - International Missions
2023-24 Special Offerings
$88,601 - Thank you God for Island Church
$8,406 - International Missions
Advertising - Marketing - Audio - Video - Technology - Computer & Software - Denomination Admin Fee - Office Supplies - Legal & Professional Fees - Liability Insurance - Safety & Security - Licensing - Bank Fees & More
Repairs & Maintenance - Grounds & Landscaping - Building Repair & Maintenance - Service Contracts - Janitorial / Cleaning Supplies - Repairs & Maintenance - Utilities - Telephone & Communications - & More
Kids Ministry - Kids Camp (VBS) - Worship Ministry - Battleground Music - Hospitality - Flowers, Gifts, & Arrangements - Guest Speaker Hospitality - Events - Guest Speakers Honoraria - People Development - Conferences - travel - Word & Spirit Discipleship Center - Youth Ministry - Christian Education Ministry & More
Local Outreach - Benevolence - Plates of Hope - Widows & Orphans - Charitable Contributions - Love Offerings - International Missions - International Justice Mission (IJM) - Israel - Senegal - Turkey - Romania - China Bridge - Ghana & More
Contractors - Contractor fees - Administration Fees - Payroll Expenses - Wages - Benefits - Payroll Fees - Administration Contracts - Payroll Related Taxes - Dept Labor & Industries - Payroll - Childcare & More
Depreciation & Other Expenses
This is an expense that is gradually realized through facility updates and devaluation of physical assets that will eventually need to be replaced. This is calculated as an actualized cost for the church through the budget line items listed above. This impacts ~20% of the annual budget.
Data through May 2023 EOM
Detailed expenses information provided to members upon request
