NASHVILLE — Year-to-date contributions through the Southern Baptist Convention’s (SBC) Cooperative Program (CP) are 0.63 percent below the same time frame last year, according to a news release from SBC Executive Committee President and Chief Executive Officer Morris H. Chapman.
As of Jan. 31, the year-to-date total of $67,816,336.05 for CP missions is $433,263.87 behind the $68,249,599.92 received at the end of January 2009.
However, monthly CP receipts, which totaled $20,857,880.43, were 0.82 percent above the monthly budget of $17,032,132.72.
Month-to-month swings reflect a number of factors but largely result from the timing of receipts from state conventions. The end-of-month total represents money received by close of business on the last business day of each month.
For the SBC CP Allocation Budget, the year-to-date total of $67,816,336.05 is 99.54 percent of the $68,128,530.88 budgeted to support Southern Baptist ministries globally and across North America. The SBC operates on an Oct. 1–Sept. 30 fiscal year.
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