Catholic World News

Cologne archdiocese discloses assets of over $3.8 billion

February 18, 2015

The Archdiocese of Cologne, Germany, has reported financial assets of €3.5 billion ($3.82 billion) in a first-ever public accounting of its wealth.

The Cologne archdiocese has long been considered the wealthiest in Germany, where the Catholic Church profits from the “church tax” added to the regular tax bills of all registered believers.

In 2013, the Cologne archdiocese collected €573 million through the church tax, and operated at a €59 million surplus.

 


For all current news, visit our News home page.


 
Further information:
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!

Show 1 Comments? (Hidden)Hide Comments
  • Posted by: rpp - Feb. 19, 2015 11:33 AM ET USA

    I assume by this that there are no hungry, homeless or needy people in that diocese who are not being served. And that all charities are fully funded.