If you are part of the church staff, you may have witnessed churchgoers of different ages praying. All singing the same song of praise, all beseeching to the God who gives them grace. This holy ground surrounded by pillars have stood for ages and it’s strengthened by the believers of different races. The faithful have supported the church in every way possible, they give donations and tithes which would add up to the church’s income. Now, how do you manage the church’s budget? Simple, make a church budget worksheet. In this article, we have provided you with ways on how to do so.
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5 Steps to Create a Church Budget Worksheet
Step 1: Review the church’s income.
Before you start making a budget worksheet for the church, gather all the financial statements available and assess if there are significant changes. See if the church’s income has been decreasing or increasing over the past few years. This way, you can accurately set a projected income. To help you detect an upward or downward trend easily, you can transform the available information into a graph.
Step 2: Establish projected income.
With you having reviewed the church’s past financial records, you can now set a projected income for the following year. In establishing the expected income, it is important that you note every source of revenue the church has, from the donations to the investments. Setting an expectation for the upcoming resources will help you determine which things should be prioritized.
Step 3: List down expenditures.
Now that you have already set the projected income, you can start making a list of the church’s expenditures for the coming year. Keep in mind that the cash to be spent is not just for the building’s maintenance and facilities but also for the staff’s salary, outreach programs, debt, taxes, etc. It is important to categorize the expenditures for you to not miss out a thing.
Step 4: Compare income with expenses.
Calculate the total income and expenses then compare them afterwards. The church’s expected expenses should not exceed its income. For you to build a better budget, it would also help if you underestimate your income and overestimate your expenses. This way, you may have extra money to use in the long run.
Step 5: Make adjustments if necessary.
After having created a budget worksheet, you should keep track of it on a regular basis. In the event that there will be a scarcity of financial resources, adjustments can be made accordingly. Find ways on how to minimize the expenses or maximize the budget.
10+ Church Budget Worksheet Templates
1. Comprehensive Church Budget Worksheet Template
With the limited income the church has, it is important to also limit the amount of cash the church will spend. Manage the church’s finances with the help of this comprehensive church budget worksheet template. You just have to fill in the columns with figures and you’re good to go. Download this template now at a very reasonable price!
2. Church Budget Template
Are you assigned to manage your church’s finances? You don’t have to start from scratch with this church budget template. This template allows you to keep track of the income and the cash outflow made by the church. The file also comes with suggestive headings for your convenience. It is ready to print in A4 and US letter sizes.
3. Small Church Budget Template
No matter the size of a church, it is vital to keep a record its financial activities. This small church budget template will make budget keeping easier for you. This template is downloadable in numerous file formats such as Google Docs, Google Sheets, MS Excel, MS Word, Numbers, Pages, and Editable PDF. Get yours now!
4. Baptist Church Budget Template
Set a projected income, foresee expenses, and see the variance between the two with this church budget template. This well organized template allows you to create a summary of the church’s budget for you to easily picture out the its financial situation. It is fully customizable to best suit your specifications. Download now!
5. Church Event Budget Template
Concerts and fund raising activities are not just a thing for world-renowned people, the church also organize such activities. Make use of this church event budget template to help you manage the finances for the event easily. Also, the file is editable to best suit your needs. It is available in various file formats such as Google Docs, MS Word, Pages, and more!
6. Monthly Budget Worksheet Template
Looking for a monthly budget worksheet template for the church? Then this template is for you! It allows you to keep tabs with the expenses made by the church every month. It is ready to print in A4 and US paper sizes. Click download button now and start making a financial document.
7. Free Church Budget Template
This well-formatted budget template helps you manage the church’s financial resources smoothly. It allows you to record and keep track of the church’s cash flow not just weekly but also monthly and annually. This template is downloadable in several file formats like MS Excel, MS Word, Numbers, Pages, and Editable PDF. Plus it’s free, what are you waiting for? Secure a copy now!
8. Free Simple Budget Planner Template
Use this simple budget planner to help you plan on how to spend the church’s funds efficiently. With this template, you can pinpoint wasteful expenditures and adjust the allocation appropriately. You can instantly download this template in its available file formats.
9. Basic Church Budget Worksheet Template
This simple yet greatly useful budget worksheet template will help you determine in advance whether or not the church has enough resources for its multiple expenses. Download now!
10. Simple Church Budget Worksheet Template
Financial planning is important not just for the household but also for the church, which is why, if you are tasked to make a document that would keep track of the income and expenses made by the church, it is best that you make use of this church budget worksheet template. This PDF file is ready to print for your convenience.
11. Financial Planning for Churches Template
Maintain the financial stability of your church by carefully planing out how to allot its budget with this comprehensive financial planning template. This PDF file is complete with a template and a guide, plus it’s free to download!