Poland's bishops have pledged dialogue with their country's new liberal government, but leading Catholics warned that government plans for rapid secularizing change could spark conflict as the ruling coalition plans to limit religious classes in public schools and abolish the state Church
VATICAN CITY (CNS) — The Institute for the Works of Religion, often referred to as the Vatican bank, made a net profit of 29.6 million euros (about $31.6 million) in 2022, a 63% increase from the profit reported in the previous year
While some parishes across the country have fared well throughout the coronavirus pandemic, others have had to furlough staff, lay off employees and cut back on ministries because of sharp declines in weekend collections amid a year where public Masses were cancelled
A recent report from the Associated Press took a critical look at organizations within the Catholic Church for receiving loans from the federal Paycheck Protection Program. But business managers and others who run these Catholic ministries say that the money was needed
U.S. dioceses are crying foul over an investigative report on coronavirus relief funding they say grossly mischaracterized the Catholic Church's finances and unrestricted cash flows, leaving the crass impression the church used the 2020 CARES Act to hoard cash.
Officials of the Diocese
The signals were clear at the start of the pandemic. No Masses, no offertory income. No offertory income, nothing to assess by the diocese. Nothing in the diocese to assess, reduced revenue to the U.S. Conference of Catholic Bishops.
And what is true