tazzygirl
Posts: 37833
Joined: 10/12/2007 Status: offline
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That pays for 363 parishes, 258 schools, six colleges and universities serving 49,200 students, 19 hospitals, and about 7,800 full-time employees, including 5,612 teachers. It also helps pay for social programs -- you know, feeding and sheltering folks, just over a million folks. Your source states... DEMOGRAPHIC PROFILE OF THE ARCHDIOSE and then lists what you listed as part of the Archdiose. From that, you want us to believe that the Church pays for it all. Ahem. Dont believe so. The Universities charge tuition and encourage the students to sign of for federal grants and loans. Your one million figure stems from here... CATHOLIC CHARITIES - 1 million people served
- 159 types of services
- 156 locations[code]
yet the catholic population is stated to be... 2,338,000 Your source for financial records includes the following you.. ahem.. may have overlooked page 10 Charitable Activities.... "A significant portion of the funding for several of the programs is received from federal, state, or local governmental agencies." Oh, lookie... smiles... page 13... under Insurance... those lawsuits are listed.. you remember the ones... about "sexual misconduct"... quite a substantial hit.. and of course a burden the church HAS to carry forward in the financial statements. Not exactly what i would consider normal operating costs. Financial The following information is based on Catholic Charities of the Archdiocese of Chicago's audited financial statements for the year ended June, 30 2008. Source of Funds Fees and grants from governmental agencies 137,175,000 Program-related contributions 16,608,000 Contributions 10,560,000 Program service fees 4,534,000 Bequests 3,815,000 United Way pledges 3,629,000 Interest and dividends 1,727,000 Net realized gain on investments 1,389,000 In-Kind Donations 1,247,000 Other revenue 355,000 Pension related changes other than net periodic cost -58,000 Loss on disposal of assets -229,000 Net unrealized loss on investments -3,960,000 Total Income $176,792,000 Uses of Funds as a % of Total Expenses Programs: 91% Fund Raising: 2% Administrative: 7% Total income $176,792,000 Program expenses $165,696,000 Fund raising expenses 3,045,000 Administrative expenses 13,520,000 Total expenses $182,261,000 Expenses in Excess of Income (5,469,000) Beginning net assets 54,758,000 Other Changes in Net Assets 250,000 Ending net assets 49,539,000 Total liabilities 206,813,000 Total assets $256,352,000 Now, i have no doubt the Church can streamline their organization. And they do alot of good, worldwide. They also hide alot of funds amid the good. BTW, those figures i posted came from the http://www.bbb.org/charity-reviews/chicago/human-services/catholic-charities-of-the-archdiocese-of-chicago-in-chicago-il-15465 i really dont see the figures you "suggested" anywhere. Lets talk about fundraising for a moment. The Seattle Archdiocese expects to receive more than $13 million this year compared with about $12 million in 2008. The Archdiocese of Cincinnati raised $3.4 million – below the more than $4 million collected in 2001 but almost $1 million more than last year. The Diocese of Providence in Rhode Island raised $7.8 million in its 2009 appeal, about $17,000 more than last year in a state where the June unemployment rate of 12.4 percent was the country’s second-highest. The Chicago Archdiocese – about halfway through its annual drive – was running about $1 million ahead of this time last year. http://archives.chicagotribune.com/2009/aug/01/news/chi-ap-oh-catholicgiving Say what you wish, in comparison to the rest of the charities and giving associations, the Catholic Church has far more wealth than any. More art work, more real estate, ect.
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Telling me to take Midol wont help your butthurt. RIP, my demon-child 5-16-11 Duchess of Dissent 1 Dont judge me because I sin differently than you. If you want it sugar coated, dont ask me what i think! It would violate TOS.
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