By Will Hall, Baptist Message executive editor
NASHVILLE, Tenn. (LBM) — The Southern Baptist Convention Executive Committee released the June 2023 financial summary, July 6, reporting that gifts for the month to SBC causes through the Cooperative Program and via designated giving were up 6.05 percent and 6.45 percent, respectively, compared to June 2022.
However, year-to-date figures showed both funding channels remained below 2022 levels. From October 1, 2022, through June 30, 2023, total SBC CP contributions were 4.58 percent lower compared to the same timeframe for the last fiscal year. Likewise, combined designated giving was 2.57 percent less for the same months. Breaking out the two largest designated funds, the Lottie Moon Christmas Offering continued to be down for the year (- 4.94 percent), while the Annie Armstrong Easter Offering moved into positive territory (+ 3.50 percent) for FY23.
The national report showed giving by Louisiana Baptists to SBC causes in June was up 8.67 percent through CP and 10.33 percent for special offerings. Likewise, the year-to-date data revealed that Louisiana Baptist contributions through the CP and to designated offerings trended higher for both funding channels, 3.05 percent, and 9.86 percent, respectively.