| October 2023 YTD | Revenue | Expense | Net Income/(Loss) |
| Actual | $273,163 | $249,770 | $23,394 |
| Plan | $253,505 | $251,094 | $2,411 |
Through September, pledge giving is 8% ahead of our plan, driven by several families who have paid ahead on their commitment. This favorability is likely to decline over the balance of the year. Non-pledge giving is 5% behind our plan. Rental donation receipts are higher than expected due to increased use by outside groups and facility use payments from COH Preschool. Both Offerings and Total Receipts are ahead of our plan at this point.
While overall expense is even with our plan, there are swings in some categories. Property expense ($6,600) is worse than expected due to higher costs for utilities, maintenance, and repair and cleaning services. Staff costs ($3,500) are higher due to increased activity. Offsetting this are lower-than-planned expense for Pastor’s auto and continuing ed allowance of $3,000, call-related expense of $3,000 and a decision to hold on extra mortgage principal payments for now of $4,000.
On balance, Revenue less Expense is somewhat more favorable than we had planned at this time, but this favorability is expected to decline. We believe there is adequate budget flexibility to manage expenses close to our original annual Mission Plan. We are cautiously optimistic we will end the year with a small surplus, but this depends upon continued giving.