The report this month is a little more encouraging than last month. July's increase was 17.1% over July of 1984. Such a good increase brought the year-to-date increase to 12.3%, which is just a little over budget. The expenses are still at about the same level as last year so our cash reserves are approximately what was expected.
The General Ledger section of the accounting office has just completed their financial statements for the year ending June 30. We are pleased to see that the "fund balances" have increased about 6% during the year. This fiscal report is not an audited report, as only the annual report is audited. It is used to measure our progress at mid-year, and to fulfill the requirements of certain loan contracts.
You may be interested to learn that Church members contribute about 80% of income for the work, co-workers about 15% and donors about 5%. These figures vary a little from time to time. There are approximately as many coworkers as there are members, and these two categories provide about 95% of the income to the Church.
These contributors make it financially possible for the Gospel to be preached to the world for a witness on television, radio and by the printed page. Millions hear and see this good news and benefit from it, while tens of thousands make it possible. This reminds me of Gideon's army of 300 as recorded in Judges chapter 7.
I believe most members are generous in their offerings as well as being faithful in tithing. Of course there are no doubt exceptions to this. What we need is more financial laborers for the harvest. If we pray earnestly, I am sure that God will influence many others from among those millions to join us in this effort, and abundantly supply the need.
REPORT FROM THE TREASURER'S OFFICE
Worldwide Church of God