Despite continued economic uncertainty, 73 percent of churches surveyed by Leadership Network expect to meet their 2012 fiscal year budget. The larger the church, the more likely it was to say it would meet its budget. Interestingly, more than 58 percent of churches surveyed said they have been at least “somewhat negatively impacted” by the economic downturn that began in 2008.
More than half of the churches surveyed use a January-December fiscal year, but larger churches tend to use a fiscal year that does not follow the calendar year.
Nearly 600 churches participated in this survey. For even more related reports and infographics, explore Leadership Network here.