{"id":354,"date":"2014-12-09T01:00:51","date_gmt":"2014-12-09T06:00:51","guid":{"rendered":"https:\/\/withskillfulhands.com\/?p=354"},"modified":"2026-04-01T16:21:36","modified_gmt":"2026-04-01T16:21:36","slug":"how-to-project-income-method-1","status":"publish","type":"post","link":"https:\/\/withskillfulhands.com\/index.php\/2014\/12\/09\/how-to-project-income-method-1\/","title":{"rendered":"How to Project Income: Method 1"},"content":{"rendered":"<p>At New Day we use <span style=\"text-decoration: underline;\">Money Matters in Church: A Practical Guide for Leaders<\/span> to project income for the upcoming year. The book outlines two main ways to project income. In this post I&#8217;ll cover the first. In Thursday&#8217;s post I&#8217;ll cover the second. The first method is called the &#8220;Numerical Increase Method.&#8221; This is straight out of the book (which I highly recommend you purchase):<\/p>\n<p><strong>History of Giving\u00a0\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0Increase over Previous Year\u00a0\u00a0<\/strong><br \/>\n2004 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $300,000<br \/>\n2005 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $450,080 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $150,080<br \/>\n2006 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $575,000 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $124,920<br \/>\n2007 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $725,800 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $150,800<\/p>\n<p>Add the increases together ($150,080 + $124,920 + $150,800 = $425,800)<br \/>\nDivide by 3 ($425,800 divided by 3 =\u00a0$141,933 average increase)<\/p>\n<p>2007 giving \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $725,800<br \/>\nProjected Increase \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $141,933<br \/>\n2008 Projected giving \u00a0 \u00a0 \u00a0$867,733<\/p>\n<p>To project your own budget for the upcoming year simply fill in your own information and crunch the numbers. When New Day first started, I had to use <em>months<\/em> instead of <em>years<\/em> because I didn&#8217;t have the luxury of four years of giving history to work with.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>At New Day we use Money Matters in Church: A Practical Guide for Leaders to project income for the upcoming year. The book outlines two main ways to project income. In this post I&#8217;ll cover the first. In Thursday&#8217;s post I&#8217;ll cover the second. The first method is called the &#8220;Numerical Increase Method.&#8221; This is [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-354","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-finances","7":"entry"},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"Mike","author_link":"https:\/\/withskillfulhands.com\/index.php\/author\/mike\/"},"_links":{"self":[{"href":"https:\/\/withskillfulhands.com\/index.php\/wp-json\/wp\/v2\/posts\/354","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/withskillfulhands.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/withskillfulhands.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/withskillfulhands.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/withskillfulhands.com\/index.php\/wp-json\/wp\/v2\/comments?post=354"}],"version-history":[{"count":1,"href":"https:\/\/withskillfulhands.com\/index.php\/wp-json\/wp\/v2\/posts\/354\/revisions"}],"predecessor-version":[{"id":1262,"href":"https:\/\/withskillfulhands.com\/index.php\/wp-json\/wp\/v2\/posts\/354\/revisions\/1262"}],"wp:attachment":[{"href":"https:\/\/withskillfulhands.com\/index.php\/wp-json\/wp\/v2\/media?parent=354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/withskillfulhands.com\/index.php\/wp-json\/wp\/v2\/categories?post=354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/withskillfulhands.com\/index.php\/wp-json\/wp\/v2\/tags?post=354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}