Houston’s First Baptist Church is a member of the Evangelical Council for Financial Accountability (ECFA), an accrediting organization that is dedicated to helping Christian ministries and churches uphold high standards of responsible stewardship. For more information, visit ECFA.church.
The monthly financial report is compiled by Finance staff members and subsequently submitted to and approved by the Finance Committee, the Deacon body, and church members at the monthly Church Conference.
Current Financial Report
Comments regarding the May 2020 financial report for the 2019-2020 fiscal year (July 1–June 30):
- Contributions through May 2020 were $2,612,782.52 below budgeted expectations for the fiscal year.
- Expenses through May 2020 were $2,351,900.39 below budget for the fiscal year.
- Houston's First Baptist Church had a Surplus of $260,882.13 as of May 2020 for the fiscal year
Questions about this report should be directed to the Director of Operations Chad Hamm at Chad.Hamm@HoustonsFirst.org.
Great Commission Fund
The Great Commission Fund is the operating budget of Houston's First Baptist Church. The Great Commission Fund for 2020-2021 fiscal year (July 1-June 30) totals $32,674,000 thanks to the continuing generosity of the Houston's First family and numerous other contributors to the ministry of our church.
GROW — $6,035,000 (18%)
Life Bible Studies, Pastoral Care, Men’s and Women’s Ministries, NextGen, Membership Services
GATHERING — $5,880,000 (18%)
Worship, Production, Communications, Pastoral, CornerBooks, Celebration, School of Fine Arts
MISSIONS — $5,112,000 (16%) *
Missions Department, Denominational Support, International and Domestic Missions, Woodhaven, Faith Center, partners serving the Poor, Widows, Orphans, Prisoners, and Refugees
CAMPUSES — $6,747,000 (21%)
Cypress, Downtown, Español, Sienna
OPERATIONS — $6,024,000 (18%)
Property Insurance, Church Calendar, Operations, Financial Services, Culinary Services, Weddings/Special Events, Security, Transportation, Facilities, IT, Capital Improvements
ADMINISTRATION — $ 2,126,000 (7%)
First Baptist Academy, Deacons, Counseling, Administration,
Recreation, Hunt Retreat, Human Resources
CAPITAL RESERVE — $750,000 (2%)
TOTAL GREAT COMMISSION FUND — $32,674,000
* MISSIONS — This is the operating budget given to Missions. In addition to these funds, Missions also receives, on average, more than $5 million annually in designated giving from contributors (an amount not included in the operating budget numbers shown here). The Missions-designated funds support missional causes throughout our city, nation and world.
Financial Integrity and Accountability
Houston's First believes strongly in financial integrity and accountability when it comes to the resources entrusted to us by contributors to the church's ministry.
- On a monthly or bi-monthly basis, financial reports are presented to the Finance Committee, the Deacon body, and to the church members at the Church Conference. These reports are posted above for public access.
- On an annual basis, the church brings in an independent auditing firm to conduct an audit of our financial records and practices.
Anyone may attend the Church Conferences, but only members of Houston's First may vote on matters presented for a vote. Church Conferences are typically held during the evening on the first Wednesday of the month at The Loop Campus. Minutes from previous Church Conferences can be found here
. To confirm the next scheduled Church Conference, contact Diane Bagby at Diane.Bagby@HoustonsFirst.org