Pastor Tom's Monthly Financial Update

September 2020

For 7 months now we have all been navigating various changes and challenges because of COVID-19, and that has been the case at Riverside Church, too. We switched to all online services starting March 15th, and that also included our ministries to students and children. We started in person services July 19th at both of our campuses, and we have a better sense of how many people are connecting with us online as well as at our physical locations. We continue to make progress in determining what’s most helpful to measure, as engagement is the real key.

Despite the dramatic changes we are all having to deal with due to restrictions of physical distancing and limits of size of groups, we continue to experience that the God we serve is never quarantined and the mission of Jesus is still moving forward. So we have so much to praise God for!

It has been great to continue regathering in person at our campuses again, and each week we are seeing both new guests, as well as Riversiders starting to explore what it’s like to meet in person again! If you and/or members of your household have underlying health issues or are high risk, we are so pleased that you can stay connected to our online campus, too!

September was another solid month financially, especially in our Fuel for Ministry Fund! That is something to celebrate and acknowledge in these strange days we are all navigating! We are grateful at this time that because of careful financial management and the generosity of people, that at present our financial position continues to be healthy.

Thank you for being outward-focused as a church. It makes such a difference in the life and health of any local church to keep the passion and priority of Jesus THE first priority of how it functions and ministers. This includes special projects we have been sharing with you to help brothers and sisters and churches in Christ that have experienced additional suffering and tragedy in our own nation (Cedar Rapids, Iowa; local food shelves) and overseas (Beirut explosion, Burkina Faso terrorism and displacement of 1 million people in this very poor nation). Your generosity to both the Fuel for Ministry and Fuel for Global Missions funds helps us cover these unbudgeted costs we are trusting God to provide for through us.

Digital giving makes such a huge difference in so many people’s lives here, and now more than ever, it is the main way people can give even when we cannot meet together. It helps people develop the consistent practice of the grace of giving and putting God first in their finances. Between 60% - 85% of all our giving happens digitally, and we have more households making reoccurring digital gifts than ever before! Join the growing number of people at Riverside who are discovering how this makes such a difference in their spiritual journey. You can always give it a try.

Pray for everyone who considers Riverside Church their spiritual home to practice the grace of giving and generosity being just a “normal” response for our church so we can reach more people for Jesus.

Thanks to all of you who give to the Lord’s work through Riverside Church. It makes a difference in real people’s lives here and around the world every week.

Both the opportunities and obstacles we face are very real, and this is actually more true than ever in these days of COVID-19 as well as the upheaval and violence that show us that racism and anarchy are still more alive in our nation than we would have ever wanted to admit, as they are for any of God’s churches seeking to partner with Him in making a Kingdom impact. Keep praying that God will clearly lead and empower and care for us as we have regathered with all areas of ministry resuming.

God is at work in and through Riverside (Remember, Riverside Church has NEVER CLOSED!), touching the lives of thousands of people in significant ways. Your gifts help make that happen, both now and for eternity.

God bless you all!
Pastor Tom

Weekly Averages for September 2020

  • Sunday Attendance: Happening both digitally and in person since July 19th. 
  • Fuel for Ministry Fund: $64,387.43 (Our new approved united/multi-campus weekly budget is $69,168.24).
  • Fuel for Global Missions Fund: $5,284.71
  • Approximate cash able to set aside for multisite: $4,104,309

Weekly Averages for September 2020

Financial Figures for September 2020

Actual Giving vs. Actual Expenses
>> Year to Date Approved Budget $898,765
>> Year to Date Giving $808,783
>> YTD Difference $89,982

>> Year to Date Approved Budget $898,765
>> Year to Date Expenses $672,068
>> YTD Difference $226,697

Actual Giving vs. Actual Spending
>> Giving to Date $808,783
>> Expenses to Date $672,068
>> Difference $136,715
“Give, and you will receive. You will be given much. Pressed down, shaken together, and running over, it will spill into your lap. The way you give to others is the way God will give to you." Luke 6:38