UCG’s income down from prior year


UCG’s Logo for Beyond Today

COGwriter

The January 2015 edition of the United News of the United Church of God (UCG) arrived last night.  Its lead article was an announcement that decided to drop the ‘Good News’ title for its magazine and replacing it with the title Beyond Today.  This is something I also reported here last month (see UCG dropping ‘Good News’ title for ‘Beyond Today’).

This particular issue of the United News also contained the financial statements of the United Church of God.  The United Church of God uses a fiscal year that ends June 30th of each year.

Anyway, for the last year reported, the one ending June 30, 2014 UCG reported total income of $17,134,542 this is down slightly from the prior year, which was 17,668,538.  The statements also reflect that UCG reduced administrative costs and increased its financial reserves, despite the slight drop of income. Its total reserves were reported to be 8,842,415 as of June 30, 2014–basically UCG has this amount of total cash available that it has not spent nor obligated.

UCG has reduced in size since over 150 of its ministers left and formed a group called Church of God, a Worldwide Association (COGWA) over four years ago.  Despite the loss, UCG remains the largest COG group with origins in the old Worldwide Church of God.

Some items of possibly related interest may include:

Attending the Church of Choice This article discusses whose choice is important to worship God; should you attend the church of your choice or the church of God’s choice?
Unity: Which COG for You? Why so many groups? Why is there lack of unity in the Churches of God? Has it always been this way? What can/should be done about it? Here is a related article in the Spanish language: Unidad: ¿Cuál Iglesia de Dios para usted?
Differences between the Living Church of God and United Church of God This article provides quotes information from two of the largest groups which had their origins in WCG as well as commentary.
Concerns about Church of God, a Worldwide Association Known as COGWA, this is the largest group that came out of the United Church of God. Here is some history and concerns about it. UCG’s former president Clyde Kilough and UK CEO Peter Hawkins are part of it.
Concerns about Church of God, a Worldwide Association Known as COGWA, this seems to be the largest group that came out of the United Church of God. Here is some history and concerns about it. UCG’s former president Clyde Kilough and UK CEO Pater Hawkins are part of it.
Where is the True Christian Church Today? This free online pdf booklet answers that question and includes 18 proofs, clues, and signs to identify the true vs. false Christian church. Plus 7 proofs, clues, and signs to help identify Laodicean churches. A related sermon is also available: Where is the True Christian Church? Here is a link to the booklet in the Spanish language: ¿Dónde está la verdadera Iglesia cristiana de hoy?
Continuing History of the Church of God This pdf booklet is a historical overview of the true Church of God and some of its main opponents from c. 31 A.D. to 2014. A related sermon link would be Continuing History of the Church of God: c. 31 to c. 300 A.D. Marque aquí para ver el pdf folleto: Continuación de la Historia de la Iglesia de Dios.
Should the Church Still Try to Place its Top Priority on Proclaiming the Gospel or Did Herbert W. Armstrong Change that Priority for the Work? Some say the Church should mainly feed the flock now as that is what Herbert W. Armstrong reportedly said. Is that what he said? Is that what the Bible says? What did Paul and Herbert W. Armstrong expect from lower level leaders? A related sermon is available titled Priority of the Philadelphia Work.
The Final Phase of the Work What is the final phase of the work? Who will lead it? Do you have the courage to support it? Here is a related YouTube video titled The Final Phase of the Work. The written article has been translated into Spanish La Fase Final de la Obra.
Leading the Final Phase of the Work Matthew 24:14 teaches “And this gospel of the kingdom will be preached in all the world as a witness to all the nations, and then the end will come ” will be fulfilled and RCG is not the group doing this. Who is leading the final phase of the work? What did Herbert Armstrong and the old WCG teach about that and about prophets? Does Bob Thiel meet the criteria that the Bible and the old WCG set? What is the proof? What has the Continuing Church of God been doing? This is a sermonette length video.
What is the Gospel? True religion should be based upon the true gospel. What are some of the different gospels and where did they come from? Do you believe the true or a false gospel? Who is preaching the gospel? Here is a version in Korean 복음이란 무엇인가?
The Gospel of the Kingdom of God was the Emphasis of Jesus and the Early Church Did you know that? Do you even know what the gospel of the kingdom is all about? You can also see a YouTube video sermon The Gospel of the Kingdom.
The Philadelphia Church Era was predominant circa 1933 A.D. to 1986 A.D. The old Radio Church of God and old Worldwide Church of God, now the remnant of that era is basically the most faithful in the Church of God, like who hold to the beliefs and practices of the Continuing Church of God.
The Laodicean Church Era has been predominant circa 1986 A.D. to present. The Laodiceans are non-Philadelphians who mainly descended from the old WCG or its offshoots. They do not properly understand the work or biblical prophecies and will face the Great Tribulation if they do not repent.



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