24–25 Q1 Financial Update

December 6th, 2024

The first quarter of our fiscal year came to a close at the end of November and God is so good!

 

You have heard many times we believe this a season of harvest and we have seen countless examples of just how true that is over the last three months. It feels like I should be reporting on the entire fiscal year because of the abundance of generosity and faithfulness from God in such a short amount of time. Thank you for being a part of that praise! Thank you for your generosity and investment in our church, historically Q1 has been the lowest giving in the life of our church and yet this year it was one of our highest. This is truly something to celebrate!

 

In the last few months, we were able to celebrate 16 baptisms, the addition of another church planter, the reopening of our residency program for 2025, growth in our kids ministry, new cg multiplications, and so much more. Last year we went against our financial reserves in Q1 by ~$90,000 this quarter we have been able to add ~$84,000. It cannot be stated enough that a big part of this season of harvest is because of your faithfulness and generosity and that deserves significant celebration! Below you can see the breakdown of our expenses but I really just want to praise God for The Well and for each one of you.

 

As we continue to devote during the harvest season, take time to celebrate the goodness of our God and all the ways he has faithfully supplied for each of us. As we look ahead, join us in praying expectantly for even more because we know God is faithful to pursue and provide for his people. Thank you for continuing to journey with us and devoting yourselves to making much of Jesus!

 

Chandler Miner

Operations Director

chandler@thewellaustin.com

Giving $727,049
Expenses Budget Actual
Staffing $327,312 $324,907
Administration $17,859 $23,416
Facilities $91,699 $86,612
Ministries $122,572 $100,763
Mission and Church Planting* $94,023 $109,056
Total $652,388 $644,754
Current Position
YTD Expenses $644,754
YTD Contributions $727,049

*this number is a percentage of actual giving