Thank you for your continued financial support during the last several months that we have not been able to meet on campus. Your generosity has been truly overwhelming. Through June, our giving went up 9% for the year, and our expenses are up 8%. The expenses are up primarily due to our Child Development Center and Recreation Ministry. They collect income that is included in our operating budget to offset their expenses, and since our campus has been closed, we have not received that income.
Our operating budget for the year is in an unfavorable position with our expenses being $51,906 more than our income. At the end of June 2019, we were in an unfavorable position of $63,774. June giving was up 23% over last June. We received 37% of our revenue in June through online giving.
We have also applied for and received a Payroll Protection Program grant from the Cares Act. This has allowed us to continue employing all staff at their regular number of hours. Some staff have transitioned to other duties since the campus has been closed. The amount we received was $562,686. With the addition of these funds, it has put us in a favorable financial position at the end of June of $510,781.