General Description of Operating Revenues and Expenses
All funds, from whatever source, that are used for the general operation of the congregation are operating revenues. The general operation of the congregation includes—but is not limited to—compensation of clergy & lay staff, all expenses related to operating and insuring the building(s), expenses of the music program, church school, adult education programs, flowers and supplies for the altar, diocesan quota or assessment, and office expenses.
General Description of Non-Operating Revenues and Expenses
Non-operating revenue is used for purposes outside the general operation of the congregation. Some examples of non-operating income include:
- Gifts to capital campaign or building fund
- Gifts or additions to the congregation’s endowment funds
- Funds contributed to Episcopal seminaries
- Support of outreach ministries run by the congregation (soup kitchens, after-school programs, shelters, summer day camps, senior citizen programs, etc.)
- Funds restricted by the donor(s) or designated by the Vestry for transmittal to another recipient (UTO, Episcopal Relief & Development, the Bishop’s Discretionary Fund, etc.)