Donating to us is always voluntary and we prefer not to practice a public collection during the formal part of the meeting. We believe this helps to promote an atmosphere of “cheerful” and “purposeful” giving in our church (2 Corinthians 9:7). We strive to keep all donations as anonymous as possible so that your heavenly reward  is maximised (Matthew 6:1-4).

2 Corinthians 9:7 Every man according as he purposeth in his heart, so let him give; not grudgingly, or of necessity: for God loveth a cheerful giver.

You can financially support the work we do at our church by one of three ways (listed in order of preference):

Direct Deposit

Account Name: The Church in Punchbowl
BSB Number: 302-162
Account Number: 0802808

Pros

These usually incur no fees with the major Australian banks and is therefore the most cost effective way to give to our work if you live in Australia. Please consider setting up a reoccurring transfer to support us on an ongoing basis.

Cons

These cannot be done completely anonymously (ie. your name may appear on the bank statement depending on which bank you are with). Whilst personal information is never revealed about who gives to our ministry, some people may wish to keep their donations anonymous for personal reasons. This option is not cost effective for overseas supporters due to the transaction fees involved for international direct deposits.

 

Cash Donations

There is a small collections box that you can place your cash donations into when you gather with the church each Sunday.

Pros

Giving a cash donation means you had to physically attend the church gathering. There are no transaction fees so the church receives the full donation and your personal information is completely anonymous.

Cons

There is a security risk if there is a lot of cash on hand. There is also the time involved to physically count and visit a bank to deposit the cash into the church bank account. This option obviously cannot be used by those who are not a member of our church.

 

Online via PayPal

I would encourage overseas supporters to send donations via PayPal. Direct deposits do not incur any fees within Australia for most major banks. This method does allow you enter a monthly amount if you would like to support us on a regular basis.

PayPal charges the below fees on donations:

Australians: 1.1% + $0.30
International: 2.1% + fixed fee based on country of origin

 

How Your Donations are Used

Philippians 4:17 Not because I desire a gift: but I desire fruit that may abound to your account.

If you have any questions about how our church uses the money please contact us. We realise money can be a sensitive issue and like to be transparent with how much comes in and where it goes.

 

Financial Year 2019

(Year to date at the 17th of December 2018)

Total Donations: $19,658.82
Total Expense: $18,517.27
Net Income: $1,141.55

PDF statement will be linked here at the end of the financial year.

 

Financial Year 2018

Total Donations: $45,378.60
Total Expense: $52,058.70
Net Income: -$6,680.10

[Click here to download the PDF statement]

 

Financial Year 2017

Total Donations: $49,053.90
Total Expense: $57,124.38
Net Income: -$8,070.48

[Click here to download the PDF statement]

 

Financial Year 2016

Total Donations: $63,542.50
Total Expense: $54,284.19
Net Income: $9,258.31

[Click here to download the PDF statement]

 

Financial Year 2015

(Church was founded on 1st of March 2015)

Total Donations: $8,846.12
Total Expense: $4,417.56
Net Income: $4,428.56

[Click here to download the PDF statement]

 

Glossary of Terms

INCOME
CASH – cash donations given in person at the hall
DIRECT DEPOSIT – donations deposited directly into the bank account
PAYPAL – overseas and online donations via PayPal

EXPENSES
ACCOUNTING – accounting software and any related services
ACTIVITIES FREE – social activities paid for using the church funds
ACTIVITIES PAID – social activities paid for by participating church members
ADVERTISING – any paid advertising expenses including social media
BIBLES – bibles to give out to new believers or church members
BUILDING IMPROVEMENTS – repairs or improvements to the building where we meet
BUILDING RENT – rent paid for use of the church hall and facilities
DONATIONS / CAUSES – financial support for churches, lobby groups, political parties
EDUCATION – books or courses for the bishop
EQUIPMENT – equipment for audio and visual, kitchen or storage
FACILITIES – fellowship or cleaning supplies including paper towel
FINANCIAL SUPPORT – church members that require financial assistance
FOOD – church meals or food for events paid for by the church
GIFTS / GIVE-AWAYS – items purchased to give away as rewards or incentives
INSURANCE – public liability insurance
MANSE – portion of the rent of the bishop’s home paid for by the church
MOBILE – church contact phone number
PRINT & PROMO – gospel tracts and any posters or signage
SOFTWARE – cost of paid application such as Spotio for door-knocking
TRAVEL – flights for mission trips
WEBSITE – domain name, hosting fees and paid plugins