Financial Update for the End of April 2025

Hi folks!

As of the end of April, while expenses are on target with what was budgeted, income is below budget with receipts of approximately $203k compared to the budget of about $239k. Our year-to-date operating income is running at a deficit of approximately $13,000, which is about $18,000 short of where we expected to be in the budget.

St. Mark’s has been blessed in the past to see income increase from end the year giving, so this trend may reverse over the course of the year. However, I expect that economic volatility and uncertainty may be impacting members’ giving. 

Regardless, we urge you to review your giving and help us to close this giving gap.

On another note, St. Mark’s has $245k on hand for the Sacristy Project. We still have $89k in outstanding pledges for this project. 

If you’ve been postponing any donations, the Finance Committee urges you to take action!

Thank you so much for your continued support!

Bonnie Gauch
Chair, Finance Committee