Click here to advertise on CatholicCulture.org

Holy See’s budget deficit quadrupled in 2009

Catholic World News - July 12, 2010

The Holy See’s 2009 budget showed a deficit of €4,102,156 ($5,186,556), four times 2008’s figure of $1.27 million, according to a statement released July 10 by the Council of Cardinals for the Study of the Organizational and Economic Problems of the Holy See. Revenues in 2009 totaled €250,182,364 euro ($316,317,777), and expenses totaled €254,284,520 ($321,504,333).

The separate budget for the Vatican City State also showed a deficit of €7,815,183 ($9,881,117), a figure approximately half that of the previous year.

The 2009 Peter’s Pence collection totaled $82,529,417, with the United States, Italy, and France being the leading sources of donations.

Additional sources for this story
Some links will take you to other sites, in a new window.

An appeal from our founder, Dr. Jeffrey Mirus:

Dear reader: If you found the information on this page helpful in your pursuit of a better Catholic life, please support our work with a donation. Your donation will help us reach seven million Truth-seeking readers worldwide this year. Thank you!

Progress toward our March expenses ($33,371 to go):
$35,000.00 $1,629.25
95% 5%
Sound Off! CatholicCulture.org supporters weigh in.

All comments are moderated. To lighten our editing burden, only current donors are allowed to Sound Off. If you are a donor, log in to see the comment form; otherwise please support our work, and Sound Off!

There are no comments yet for this item.

Subscribe for free
Click here to advertise on CatholicCulture.org
Shop Amazon

Recent Catholic Commentary

Church Fathers: Introduction to the Greek Apologists 19 hours ago
Ad Imaginem Dei: a gem of a blog on Christian art February 28
The Complexities of Persecution February 27
Ukraine: A great lesson in thinking like a Catholic. February 27
Notre Dame has lost two contrasting giants February 27

Top Catholic News

Most Important Stories of the Last 30 Days
Pope Francis to address Congress in joint session in September CWN - February 5