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Archdiocese of Philadelphia reports $2.2 million surplus in latest financial audit

Announcements

American Catholic Tribune Nov 27, 2024

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Archbishop Nelson J. Pérez | Archdiocese of Philedelphia

The Archdiocese of Philadelphia has released its audited financial statements for the fiscal years ending June 30, 2024, and June 30, 2023. The financial documents pertain to the archdiocesan Office for Financial Services.

According to the statements, there was a surplus of $2.2 million in core operating results for the most recent fiscal year. This figure slightly exceeded the projected break-even outcome. Additionally, over the past 12 years, there has been an improvement of $285.4 million against underfunded balance sheet obligations.

Further details are available in a press release linked below. The complete audited financial statements and a narrative explanation can be accessed at www.CatholicPhilly.com.

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Archdiocese of Philedelphia

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