Audited Financial Statements

Fiscal Year 2023-24

As part of our commitment to transparency, we are sharing the Audited Financial Statements for The Peoples Church, fiscal year 2023-24 (ending August 31). You can view them on our Give webpage or directly by clicking here.

Operating Deficit

Our Board of Directors and leadership team are dedicated to continuing to align our vision with good stewardship as we work through an operating deficit. At the end of fiscal year 2023-24 that deficit was $1.2 million, after removing Legacies (estate gifts) which are not part of our operating budget. We are grateful that God has led us to a plan that will help establish a healthy foundation to address both the short-term and long-term deficit. We began implementing the plan in August by reducing expenses and adjusting our staff team.

Prayer and Next Steps

  1. Please join us in praying for ongoing wisdom and discernment for the leadership team as we continue to steward our resources and pursue our mission.
  2. Please send your questions directly to our Executive Pastor, Karen Hurlburt, by email at: karenh@thepeopleschurch.ca.
  3. Pray for cheerful and generous hearts among all who consider Peoples their home church:
    • Ask the Holy Spirit to guide your personal generosity, whether you’re giving for the first time or continuing your support
    • Take a moment to review your giving records and ensure your contributions are current.

Together, with God’s guidance, we move forward with hope and faith in the journey ahead.