2021 Financial Report

Below is a summary of the church finances from 2021. If you have any questions about the finances, feel free to contact any board member, or use the general email board@sanctuaryic.org.

Some Key Takeaways:

  • We’re so grateful for everyone’s continued generosity, especially in such a challenging year. Thank you!

  • We used some previous years’ surplus funds to pay down an additional $100,000 on our mortgage principal leaving a remaining balance of about $620,000 on the mortgage.

  • In keeping with our traditional practice of giving away 10% of all our donations, we gave a little over $46,000 to local nonprofits and individuals facing financial hardship.

Thank you to everyone who contributes to Sanctuary to help us grow into all God is calling us to!

Everyone who gave financially in 2021 will receive a giving statement in the mail by early February. Contact the staff or board if you did not receive a giving statement and should have.

2021 FINANCIAL SUMMARY

2021 Income

2021 INCOME: $472,003

  • General Donations: $461,585

  • COVID-19 Relief Fund: $2,559

  • Facility Rental: $7,650

  • Interest Income: $209

2021 Expenses

2021 EXPENSES: $537,296

  • Facility:  $99,529

  • Office/Legal/Professional Operations:  $15,692

  • Ministries:  $21,205

  • Staffing/Personnel:  $254,459

  • COVID-19 Relief and other giving: $46,414

  • Additional Mortgage Principal Payment: $100,000