Are you catholic? Maybe you were wondering: “how much is the catholic church worth?” Well, I found an article from VATICAN CITY, JULY 6, 2001
which tells exactly what the catholic church earned and disbursed that year.
Total income 422.098 billion
(increased by 64 billion from previous fiscal year)
number of our employees (in 2000) was approximately 2,700
(an increase @ 70 persons.)
expenses @ 188 billion – note: unless I read the article wrong, there was no mention of charitable giving, only receiving
Furthermore – did you know the church played the stock market?
“We have been fortunate, in that the net result of this sector closed with a gain of 125.184 billion, higher by approximately 38 billion than that of 1999. This brilliant result is substantially due to three factors: the appreciation of the dollar, which increased in value for almost the whole year, with a slight drop in the final months; the performance of the financial markets, in which bonds gave good results in contrast to stocks with regard to the sector of the "new economy"…”
Interesting…..You might want to consider all this information the next time they pass the collection plate in your church and you feel required to pay your tithe….
apparently there is more to this than meets the eye.. here is more information I found:
Apparently local churches post their financial activity for their parishioners both with in the parish and sometimes online. Please contact your church for their financial audits - they should be more than happy to provide them for you. Remember to look closely and read carefully. You may be surprised.