2023 Midyear Update
We began this year focused on being a church rooted in place – that what our city needs is people who are planted and rooted here. In this Midyear Update, we follow up on the main initiatives laid out during our Annual Vision & Prayer, and provide a financial overview of our year so far.


Midyear Update Presentation
Watch our Executive Pastor, Mike Gleim, share an update regarding the things we intend to build and rebuild this year: evangelism, a culture of prayer, a pastoral residency program, and our physical building.

Financial Overview
January – July
Thank you church for showing your commitment to the mission and vision of Reality through your finances, we are grateful for the opportunities to serve our city that your generosity provides. We look forward to the ways in which the Lord will continue to utilize this community to bring His kingdom here in San Francisco as it is in heaven.
Jan-July 2023 Total Giving: $2.89M
Total Expenses: $3.15M
Net Income: -$260K
General Fund
General Giving: $2.54M
General Expenses: $2.76M
Net Income: -$220K
Jan-July 2023 General Giving vs. General Expenses (Monthly)
(In thousands of dollars)
Designated Giving
Benevolence: $39K
Justice & Outreach: $84K
Building: $82K
Youth: $23K
Total Designated Giving: $228K
Designated Expenses
Benevolence: $56K
Justice & Outreach: $167K
Building: $287K
Youth: $23K
Total Designated Expenses: $533K
Ministry Expenses
* Justice & Outreach: Includes financial partnerships with Renewal Partner Organizations, partial support of local missionaries, Benevolence to RSF congregants, and church planting initiatives. Learn more here. (Benevolence: Directly meets the needs of congregants experiencing hardship.)
Longterm Liabilities
1st Mortgage Cash Bank: $9,305,704
2nd Mortgage Northgate: $2M
3rd Mortgage Sand Hill Foundation: $914,952
Total Longterm Liabilities: $12,220,656
Fund Balances
Justice & Outreach: $137K
Benevolence: $612K
Church Planting: $196K
Savings: $1.7M
Total Fund Balances: $2.65M
2023 Operational Budget: $5.5M
If you are interested in receiving a Monthly Financial Report about our giving and how it’s lining up with our annual budget and monthly giving goals, subscribe to this list.