Home > Finance

Finance

Hey, Fletch: What Should I Look for in an Online Giving Platform?
Four values every church should consider before making a choice.
Hey, Fletch: What Should I Look for in an Online Giving Platform?
Image:

In this regular column, longtime executive pastor and XPastor.org founder David Fletcher takes on readers’ questions about finances, staffing, communications, and more. Submit your questions using the subject line "Hey, Fletch" to editor@churchlawandtax.com.

5 Numbers to Watch this Fall
5 Numbers to Watch this Fall
Image:

September through November has always been a season of growth at the church I serve. Summer is over and temperatures start dropping, which means people are spending less time on vacation or at the lake and more time showing up to church. The kids have gone back to school, and ...

Hey, Fletch: Would We Save Money by Outsourcing Our Church’s Cleaning?
The cost may seem high, but the in-house expenses may surprise you.
Hey, Fletch: Would We Save Money by Outsourcing Our Church’s Cleaning?
Image:

In this regular column, longtime executive pastor and XPastor.org founder David Fletcher takes on readers’ questions about finances, staffing, communications, and more. Submit your questions using the subject line "Hey, Fletch" to editor@churchlawandtax.com.

The Outsourcing Option
Why your church might want to let an outside pro handle the books.
The Outsourcing Option
Image:

When Steve Dawson first started working with churches more than two decades ago, much of the accounting work was still being done by hand.

Churches were just starting to use computers for spreadsheets and bookkeeping software. Not everyone was convinced that was a good idea, ...

When Clothing and Household Items Are Donated
Churches may want to tell taxpayers that generosity is its own reward.
When Clothing and Household Items Are Donated
Image:

Shoes and pants. Toasters and blenders and recliners. Donors want to drop them off at your church’s thrift store or donation center. They will often want a deduction for such noncash donations of personal property. What do you tell them?

First, you can’t tell them ...

3 Audiences for Church Financial Reports to Consider
The people you need to keep in the know when creating financial statements.
3 Audiences for Church Financial Reports to Consider
Image: rawpixel / Unsplash

General membership

First, there is the general membership. Members use financial statements to help them reach certain conclusions on the status of the church. For example, if the church is doing well financially, members will generally place more confidence in the abilities ...

Hey, Fletch: A Board Member No Longer Gives to the Church
How to approach a board member who isn’t engaging with the church’s mission.
Hey, Fletch: A Board Member No Longer Gives to the Church
Image: Drew Beamer / Unsplash

In this biweekly column, longtime executive pastor and and XPastor.org founder David Fletcher takes on readers’ questions about finances, staffing, communications, and more. Submit your questions using the subject line "Hey, Fletch" to editor@churchlawandtax.com. ...

Hey, Fletch: What’s the Best Way to Structure a Pay Scale?
Tips for building a compensation plan that can grow with your church.
Hey, Fletch: What’s the Best Way to Structure a Pay Scale?
Image: Joshua Ness / Unsplash

In this biweekly column, longtime executive pastor and XPastor.orgfounder David Fletcher takes on readers’ questions about finances, staffing, communications, and more. Submit your questions using the subject line "Hey, Fletch" to editor@churchlawandtax.com.

How Can Churches Treat Their Staffs Well?
An experienced executive pastor offers insights on compensation, job descriptions, and more.
How Can Churches Treat Their Staffs Well?
Image: rawpixel / Unsplash

Editor’s Note: Christianity Today’s Church Law & Tax Team will co-host “Smart Money for Church Salaries,” a church compensation workshop with David Fletcher, on August 23 in Wheaton, Illinois. Readers receive an $80 discount by entering CT in the ...

8 Reminders About Supplemental Income Projects
Take these necessary precautions.
8 Reminders About Supplemental Income Projects
Image: JESHOOTS.COM / Unsplash

I understand what a challenge it can be to focus on ministry when finances are tight. Over the years I have received several questions on the topic of supplemental income. Some of you have asked about precautions when working on supplemental income projects. I have heard from ...

What to Know About a New Donation Scam
Why churches should be careful about refund requests.
What to Know About a New Donation Scam
Image: rawpixel / Unsplash

A very kind but anxious fellow named Tom calls your finance office and informs your team that he just realized he accidentally submitted a donation to your organization in the amount of $5,000. He meant for it to be $50. He pleads for an immediate refund of the difference, since ...

Hey, Fletch: How Does the New Tax Law Affect Moving Expenses?
What the changed rules mean for churches.
Hey, Fletch: How Does the New Tax Law Affect Moving Expenses?
Image: Erwan Hesry / Unsplash

In this biweekly column, longtime executive pastor and XPastor.orgfounder David Fletcher takes on readers’ questions about finances, staffing, communications, and more. Submit your questions using the subject line "Hey, Fletch" to editor@churchlawandtax.com.

The ...

When Expenses Are Higher than Your Budget
Does your policy have the answer on what to do?
When Expenses Are Higher than Your Budget
Image: Jungwoo Hong / Unsplash

For churches that view the operating budget as an expense control mechanism, the matter of how to deal with expenditures in excess of budgeted amounts is an important element of policy that is poorly developed in many churches.

For example, a church operating budget will typically ...

Thom Rainer Made ‘Peanuts’ as a Pastor 30 Years Ago. Today, Many in Ministry Make Even Less.
What one leader’s story can tell us about compensation culture in the church.
Thom Rainer Made ‘Peanuts’ as a Pastor 30 Years Ago. Today, Many in Ministry Make Even Less.
Image: Mathieu Turle / Unsplash

The other day, I was listening to Thom Rainer’s recent podcast on “what to do if your church does not pay you adequately.” In it, Rainer’s cohost, Jonathan Howe, prompts him to tell a story about his early years in ministry, highlighting his financial ...

How to Ensure Fair Salaries for Your Church Staff
Find out more about an exciting new compensation resource for your ministry.
How to Ensure Fair Salaries for Your Church Staff
Image: rawpixel.com / Unsplash

Many churches struggle with knowing what a fair wage is for their pastors and staff. Our guess is that your church is among them.

For more than 10 years, Church Law & Tax has been creating the Compensation Handbook for Church Staff to help churches better understand fair ...

Hey, Fletch: What Are the Best Accounting Practices for a Multisite Campus?
Navigating donations, designations, and more.
Hey, Fletch: What Are the Best Accounting Practices for a Multisite Campus?
Image: rawpixel.com / Unsplash

In this biweekly column, longtime executive pastor and XPastor.org founder David Fletcher takes on readers’ questions about finances, staffing, communications, and more. Submit your questions using the subject line "Hey, Fletch" to editor@churchlawandtax.com.

Should a Church Own or Rent Vehicles?
Two church leaders weigh in on this question.
Should a Church Own or Rent Vehicles?
Image:

First Evangelical Free Church of Fullerton, California—known as EvFree Fullerton—has wrestled a lot with the question of whether to buy or own.

Right now, EvFree, which averages a combined 2,500 people at its three Sunday services, has made the decision to own a variety ...

How to Start the Salary Negotiation Process
Tips for approaching conversations about compensation.
How to Start the Salary Negotiation Process
Image: Hunters Race / Unsplash

Church staff and pastors are often great at dealing with people, but they aren’t always great at dealing with money. That’s especially true when it comes to negotiating their own compensation, says David Fletcher, executive pastor of First Evangelical Free Church ...

9 Ways to Reverse a Downward Giving Trend
9 Ways to Reverse a Downward Giving Trend
Image:

Here are some of the steps our church has discovered by trial-and-error in the last couple of years that have helped us slow down, then reverse, a downward giving trend in our church.

1. Emphasize generosity, not just giving

The Bible is full of great teaching about stewardship ...

Why Church Leaders Shouldn’t Avoid “Practical” Topics
Preachers may not want to talk about finances—but it’s critical that they do so.
Why Church Leaders Shouldn’t Avoid “Practical” Topics
Image: Kiwihug / Unsplash

The gospels attest that Jesus talked a lot about money. Sixteen of the thirty-eight parables found in the gospels deal with handling money and possessions. Howard Dayton, who has written and lectured extensively on the Bible and finances, claims that “the Bible offers ...

ChurchSalary

ChurchSalary

Let ChurchSalary do the work. Get personalized compensation reports for staff and pastors.

Politics and the Church

Politics and the Church Member access only

Tax and legal guidelines faith-based organizations need to know before jumping into the political fray.
Increase Giving at Church

Increase Giving at Church Member access only

Develop practical and digital strategies to cultivate a culture of giving.