By Will Hall, Baptist Message executive editor
NASHVILLE, Tenn. (LBM) — The Southern Baptist Convention Executive Committee released the May 2023 financial report, June 6, showing that gifts to SBC causes through the Cooperative Program dipped 0.95 percent while designated giving for the month was up 2.94 percent compared to May 2022.
Meanwhile, year-to-date figures showed both funding channels were under 2022 levels.
From October 1, 2022, through May 31, 2023, CP contributions were 5.75 percent lower compared to the same timeframe for the last fiscal year. Likewise, designated giving was 4.10 percent less for the same months. Both the Lottie Moon Christmas Offering and the Annie Armstrong Easter Offering were down for the year.
LBC CP
The national report showed giving by Louisiana Baptists to SBC causes in May climbed 8.95 percent through CP and surged 14.33 percent for special offerings. Likewise, the year-to-date data showed Louisiana Baptist contributions through the CP and to designated offerings trended higher for both funding channels, 2.54 percent, and 9.84 percent, respectively.