We have $162,395 to go in our Fall Campaign. Every penny is used to strengthen the Church. See details!
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!

Our Fall Campaign
Progress toward our year-end goal ($162,395 to go):
$200,000.00 $37,604.72
81% 19%
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.

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

Recent Catholic Commentary

Free eBook: Pope Francis' Catechesis on the Family 20 hours ago
The headlines say Gov. Brown is Catholic. He says he's not sure what that means. 21 hours ago
Archbishop predicts Synod won't change Church teaching. Why am I not reassured? 21 hours ago
A different tone at this Synod? October 6
Church Fathers: St. Clement of Alexandria, Part I October 6

Top Catholic News

Most Important Stories of the Last 30 Days
In Cuba, Pope emphasizes service to the vulnerable, praises thaw in US-Cuban relations CWN - September 21
Pope challenges America in speech to US Congress CWN - September 24
As Synod opens, Pope calls on Church to defend ‘unity and indissolubility’ of marriage bond CWN - October 5