FINANCIALS
Your investment of time, talent and treasure is making a difference in people's lives locally and globally. Thank You!
FISCAL 2024 OVERVIEW
Use of Funds by Ministry Area
July 2023 - June 2024
Thank you for generously supporting the resources and staff that make these ministries possible. We ended the fiscal year with the General Fund replenishing our reserves by about $160,000 which was the amount we overspent in the previous year. Our Reach Fund spent $125,360 in reserves this year to fund additional projects.
* The numbers titled Church Ministry Funds from our audit reflect all ministry-related expenses for the church, including Emergency Needs. Giving to Forward in Faith is accounted for separately and received an additional $2.2 million as of December 2024. Phase One - to improve our HVAC in the Worship Center - spent approximately $400,000 of the funds received by fiscal year-end. More at CalvaryLife.org/Forward
July 2025 - November 2024
For the first five months of the current fiscal year (July - November 2024), we are behind our budget goals for both the General and Reach Funds. We appreciate your continued support and prayers for Calvary Church, for wisdom as we strive to strategically and prayerfully use the gifts you give and for provision as we pursue ministry into 2025 together.
Heritage Building
All operational expenses and loan interest payments for our Heritage Medical Building are covered by rental income.
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Ministry Partnerships
Two-thirds of the Heritage building space is being used for ministry partnerships impacting our community-- OC Rescue Mission, Safe Families, Hurtt Family Health Clinic, Emmaus Road Counseling and more. DISCOVER MORE
CONTACT US
We are committed to being good stewards of the resources God provides for Calvary and we follow ECFA’s (Evangelical Council of Financial Accountability) best practices for financial management of ministries.
If you would like additional information about how your giving to Calvary is used for ministry purposes (including a copy of our audited financial statements), please contact our Executive Pastor, Michael Welles, at 714.550.2313 or