Shared Outcomes Framework: Financial stability
Helpful guidance on ‘financial stability’, including its definition, indicators and tools available
FINANCIAL SUSTAINABILITY IS ONE OF the outcome areas of the Shared Outcomes Framework. It measures a church or project’s total giving, number of regular givers, and local church’s annual support or investment.
Definition guidance
The guidance document below explains the definition of the outcome, the indicator(s) for measuring it and some basics around its use.
Further guidance
The guidance document below builds on the definition guidance with further details of interpreting the outcome definition and some advice for measuring in practice.
Tools
There are plans to develop a platform for helping churches and dioceses with measuring the Shared Outcomes Framework indicators, however that will take some time. In the meantime, some temporary or prototype tools are provided below.
Local Church Annual Support or Investment Calculator – This is a simple tool that has been developed to enable projects to calculate a figure for the third element of the indicator. It uses figures for parish/church income that can be taken directly from a parish’s Return of Parish Finance and figures from a project’s budget or diocesan calculation. It is anticipated to be completed by the diocesan team for a particular project and makes provision for calculating figures for multiple churches within a project for a single year or multiple years for the same church/parish. The tool is a simple excel spreadsheet that explains what figures to include and calculates a figure for the indicator. Click the link below to download the tool.
