Local Church Financial Reporting

Local churches support their cooperative, national ministries through the Partnership Fee: 3.5% of their total income. It’s the same for every church. This amount is a substantial reduction of the “assessments” churches paid prior to 2006, which typically ran 10-12%. We want to keep resources in our churches.

We let churches deduct three types of income:

  1. Missions giving (both to UB and non-UB missions).
  2. New construction.
  3. Estate gifts.

All other income is then subject to the 3.5% fee.

Churches are to send a check by the 15th of the month to cover the preceding month (for example, send a check by February 15 to cover the month of January).

The amount is calculated this way:

Report Form

Total income for the month: $ ________
Subtract funds given to mission work (UB and non-UB): $ ________
Subtract funds given for new construction: $ ________
Subtract any estate gifts: $ ________
Subtotal: $ ________
3.5% of the subtotal (.035) X .035
Final Total: $ ________

Example:

Total income for the month: $8,600.00
Subtract funds given to mission work (UB and non-UB): $1,800.00
Subtract funds given for new construction: $900.00
Subtract any estate gifts: $500.00
Subtotal: $5,400.00
3.5% of the subtotal (.035) X .035
Final Total: $189.00

Questions?

Contact Marci Hammel
Finance Director

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