Monday, November 15, 2010

First Quarter Financial Report

Bethany Institution, UCC

We are more than a community of faith. We are also an institution. To care for Bethany means caring about the institutional aspects of Bethany.

At the end of the first quarter of our financial year we have received $67,000 in pledges. This is $22,000 over the expected 25% of the year's pledge income, thanks to those who sent early pledges that allowed us to pre-buy our fuel oil. We also received $17,000 of $22,000 we expected in other income.

Expenses ran up to $76,000, which is $6,000 over the first quarter's expected expenses.

Keep the Tustees in your prayers and keep up to date with your pledges.

Thank you.