Some whopping amount of GH¢407,992 in TITHE revenue collection has not been met by the Church of Pentecost following the impact of the ongoing war between the Russia-Ukraine war and the COVID-19 pandemic.
The Church of Pentecost, regarded as one of the biggest and most respected churches in Ghana expressed worry over the dwindling of its TITHE collection in a letter available to this portal.
The drastic fall in the revenue was quoted by the Church of Pentecost in its letter, signed by the Chairman of the Church, Apostle Eric Nyamekye, in a report to its branch in Down Town Ofaakor Area in the Central Region.
With this, it means some amount in ‘variance of GHC407,992 representing 12.80%’ failed to be collected.
“According to the tithes and offering analysis from the Finance Department at the Headquarters, it emerged that Down Town Ofaakor Area, for the first part of the year (January to June 2022) was unable to meet its budget,”
“The budget for the 1st half was GHC 3,188,529 target. However, the area recorded GHC 2,780,527 with a variance of GHC407,992 representing 12.80%’,” Church of Pentecost said in its report letter cited by Mondokayonline.com
Reasons for the fall in its TITHE revenue collection, the Church opined that “We are aware of the global effect of the war in Ukraine and the hardship that the COVID-19 still imposes on our members.
“But, the above notwithstanding, let us continue to work hard to achieve our annual budget as we also pray with you.”