Below is a summary of the church finances from 2022. 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. Thank you!
In keeping with our traditional practice of giving away 10% of all our donations, we gave almost $50,000 to charitable organizations, local nonprofits, and individuals facing financial need.
We ended the year with a deficit of about $10,000, but we still have about $120,000 in cash reserves.
Thank you to everyone who contributes to Sanctuary to help us grow into all God is calling us to!
Everyone who gave financially in 2022 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.
2022 FINANCIAL SUMMARY
2022 Income
2022 INCOME: $465,055
Donations: $464,816
Facility Rental: $125
Interest Income: $114
2022 Expenses
2022 EXPENSES: $474,834
Facility: $102,881
Office/Legal/Professional Operations: $14,234
Ministries: $27,428
Staffing/Personnel: $280,823
Hands On Faith and Other Giving: $49,468
Sanctuary Community Church
a Coralville and Iowa City church featuring contemporary music, relevant & thoughtful teachings, and fun & engaging children's programs