HomeBLOGIPOC Financial Report for 2018 – as of 12/26/18
December 26, 2018
IPOC Financial Report for 2018 – as of 12/26/18
In the interest of disclosure and transparency, here is our 2018 financial report, as of 12/26/18.
This does not include my own ‘out of pocket’ expenses, which I spend from my own personal income.
So far this year our tax deductible contributions are currently at $2,717.56. Our total expenses are currently at $2,818.62. Below is a breakdown of those expenses.
Carried over from 2017 $140.24
Total Income $2,717.56 Expenses Gas $521.24 (gasoline costs were much higher, but most of my gas was paid for with cash from my own retirement income) Bank Service Charges $160.00 Computer maintenance $41.19 Merchant Services $92.63 Postage $194.00 Printing (our own Gospel tracts) $1,809.56.
Total Expenses $2,818.62 A year-end balance of $99.15.
Needless to say, as a fiscal conservative, this is not much money spent considering the fact that this enabled me to share the Gospel with approximately 100,000 people (via public preaching & the distribution of tracts). True had there been more income, I would have traveled more. However I am content that this was the Lord’s will for 2018. Lord willing I hope to do more next year.
I want to thank those that have contributed. I also want to thank those that pray for this ministry. For the glory of God, by the grace of God.