CHURCH PROFITABILITY TARGETS
The appropriate governing body within the church (whether it be the finance committee, the elder board, or another board or committee) should determine what is appropriate for the church. As a general guideline having a 10% surplus is the minimum. In fact, we often refer to 10% as being “break-even” and suggest shooting for 15% profitability. Establishing these targets is critical when developing budgets as it provides a cushion when expenses exceed the budget or when revenue falls short of the budget.