Wednesday, September 2, 2026

The value of a dollar

Just about every church treasurer I know worries about how to help their congregation have a clear understanding of its finances.

Part of the problem is that our brains just cannot absorb the numbers. There are too many, and it is just too hard to remember how the data from one page relates to data the next.

Another problem is the way inflation makes it impossible to easily compare one year to the next — especially if we want to know how are we doing this year compared to 10 years ago. In 2004, $100 would buy what you need $118 for today. So if we raised $100 a decade ago and the same this year, you might think we were holding steady. In fact, we have lost ground by almost 20 percent.

In the chart above,1 blue line shows the Mission and Service funds received from Pastoral Charges as reported in the Year Book. You can see a slight dip in the 1930s. Then, a gradual rise after 1945 becomes a big increase in the ’70s and ’80s. Finally, giving holds steady at just below $30 million since the 1990s.

But what a difference it makes to adjust the historic data to reflect the impact of inflation shown by the red line. The decrease during the Depression of the 1930s is much sharper. And the big increases occur in the 1950s and ’60s, reaching a peak of $65,500,000 in 1964. The 1970s were actually a decade of decline; the ’80s a rocky levelling; and the ’90s to the present have been years of steady decline.

Why does General Council keep cutting programs and staff? If we only look at the blue line, we should be three times better off than we were in 1965. But, in real terms, M&S giving has declined by $40 million since then. And if the trend for the past 10 years does not change, M&S will decline by a further $8 million by 2025.

The Moderator keeps urging us to prepare for significant changes to our church. The red line tells us why.2

Rev. David Ewart is a United Church minister in Vancouver.

Published in the May 2014 issue of The United Church Observer, page 41. The Observer now operates as Broadview magazine.

Reality Check Revisited.
In 2014 I wrote a series of articles for The United Church Observer magazine called "Reality Check." They were based on projecting what the United Church would look like in 2025, its 100th Anniversary. Given that we are now engaged in Toward 2035, I wondered if what I said then might have relevance for where we are now.

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Notes:

  1. The graphic was copied from The United Church Observer. The Observer now operates as Broadview magazine.
       
  2. Updating values to 2025: M&S from communities of faith in 1964 was $88 million; in 2014 it was $30 million; and in 2024 it was $16 million. If the trend for the past 10 years continues unchanged, M&S in 2035 will be vanishingly unsustainable.

Dr. Doom's Oracle Report, September 2026:

The UN reports that we are now headed for +2.6 temperature increase by 2100. This is almost certainly an under-estimate. And will be much so...