Strong January giving erases deficit
Giving to the Ohio Conference was strong for the second month in a row during January, resulting in a positive operating balance for the first time during this fiscal year.
According to figures supplied by Financial Coordinator Stan Helmuth, receipts for the month totaled $59,642, including $47,199 from congregations and $11,312 from individuals. That monthly total was slightly lower than the $60,581 received in December, but still much higher than in any other month during the fiscal year.
Expenses for the month were just $26,463, resulting in a surplus of $33,179 for the month. That surplus was enough to wipe out the previous cumulative operating deficit for the fiscal year. At the end of January, the Conference operating balance was $22,155, the first time that number moved into positive territory during the 2019-20 fiscal year. Thank you to all who contributed! The Conference fiscal year ends March 31.