Financial Update

Below you will find Covenant's financial information through August 2025.

If you have questions regarding the budget, please contact Marty Crawford in the church office or members of the Finance Committee: Will Bennett, Gary Gorham, Will Graham, Jeff Hicks, Stephen Mince, Matt Searson, John Shank, and Todd Sitton.

GENERAL FUND GIVING
(125 commitments totaling $2,557,567)

Budget: $4,116,670

Receipts: $4,027,182

Expenses: $4,127,706

2025 Operating Surplus/(Deficit): ($100,524)

2025 Operating Reserve: $899,476

2025 Line of Credit: $0

 

FAITH PROMISE GIVING
(59 commitments totaling $255,280)

Budget: $311,878

Funds Received: $319,060

Funds Disbursed: $311,877

Faith Promise Reserve: $262,365

Mission Disbursement from General Fund: $281,045