Sunday, September 30, 2012

Archdiocese of Phila. in serious financial shape - and so are its parishes

 

The archdiocese, the central organizing force for 1.46 million Catholics in Southeastern Pennsylvania, depends on money from member parishes to pay for churchwide activities and to shift money to weaker parishes.

But that formula is broken: Too many parishes have seen attendance fall and offerings shrivel, rendering them unable to support themselves

"More than two-thirds of the parishes have operating deficits,"

Read more: http://www.philly.com/philly/business/20120930_Archdiocese_of_Phila__in_serious_financial_shape_-_and_so_are_its_parishes.html#ixzz280rsEV8k
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