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Finance

In order to understand a Mars Hill financial update, it's helpful to know about outreach, operations, and the 25/75 split.

Because we have staff, programs, and facilities to sustain throughout the year, like any organization we have operational expenses. Because we believe in meeting great needs locally and globally, we also have outreach expenses. Our decision as a community is to designate 25% of total contributions to outreach, with 75% of total contributions being used for operational expenses.

Contributions made to Mars Hill can be designated for either our general fund or our [XYZ] serving focus. To give an offering, visit our online Joy Boxes located here.

November 2008 And Fiscal YTD Through November 2008

Total contributions for September are $646,241; this brings our fiscal YTD contributions to $2,317,900. Fiscal YTD operational and outreach spending is $1,993,432, which includes an $80,000 payment to World Relief/Turame as part of our [Z] initiative.

		November 2008		Fiscal YTD November
Budget		$538,462		$2,369,231
Income		$646,241		$2,317,900
Expenses		$402,101		$1,993,432