Dwell Budget and Giving Update

Dwell Finance Information

As of September 13, 2020: 

Our annual Pledge Campaign successfully covered all new ministry programs presented to the church for inclusion in 2020 plans. However, as we finalized details to the budget that included expansion of church programs, the current Covid-19 crisis hit. We communicated a framework to the church for responding to financial pressures during this unprecedented time that included freezing most discretionary spending and expanded church ministry until our financial picture is clearer. 

General Fund (GF) - Paying for the foundation of the ministry God accomplishes domestically and that makes possible His kingdom work around-the-world through Xenos. 

A) Annual Operating Budget (What we have planned to spend for the year)   $ 8,740,310 
B) GF Donations Year-to-Date (What has been received from donors so far for year)    $ 5,429.700
C) GF Receipts Same Time Last Year (Donations thru the same week last year)    $ 5,538,300

Conclusions for General Fund Year-to-Date:  With just over two-thirds of this challenging year behind us, our financial picture remains positive. We are running behind last year's giving, but generosity from households involved in Dwell is strong. Ministry needs are being covered. We are still behind our initial approved 2020 budget by over $300,000, but we have reduced expenses to cover the on-going downturn expected in contributions.

We remain optimistic about the finances of the church at this time, while maintaining a very conservative approach to resource allocation. God has a plan, and we continue to seek how to come alongside the vision He has. We have been able to help people in our church, in our local communities and around the world as this crisis has continued to affect so many.  People remain diligent toward their giving commitments, allowing the church to be the light Jesus intended it to be.

Debt - We retain some (very manageable) debt for our church and have substantial future room-to-grow at one of our properties in particular - Oakland Park Ave. in Clintonville close to the OSU campus.

Total Current Debt on All Properties = $763,400

Missions Giving - The largest part of annual growth in Xenos' Missions work funding happens outside of the General Fund. Check out Xenos' Global Partnerships for more on the church's missions work primarily through indigenous movements around the globe, along with the Humanitarian Aid & Development Fund which focuses resources on the poor and at-risk domestically and internationally.