Funds Allocation
For every dollar contributed, 87.15% goes toward missionary activities, education and housing for seminarians, and support for our retired priests and brothers. The remaining 12.85% goes to support services, including fundraising, marketing, and development of future donors.
2022-2023 Financial Statement
Our financial statements for the year ending June 30, 2023 were audited by the firm of Clifton Larson Anderson, Certified Public Accountants, Milwaukee, Wisconsin. The following is a condensed summary of the financial statements:
Income
support
Contributions
$15544942
Bequests
$2921026
Mass Offerings
$43855
Charitable Gift Annuities
$206709
Total Support
$18716532
investment return
Investment Income
$1309424
Unrealized Gains on Investments
$907,366
Other Income
$105,463
Total Investment Return
$2,322,253
Total Income
$21,038,785
Expenses
Program services
Grants & Stipends to Province
$8104126
Donor Pastoral Services
$5858854
Ministerial Services
$30814
Sacred Heart Apostolate
$2317058
Total Program Services
$16310852
supporting services
Management and General
$732965
Fundraising
$2683370
Total Supporting Services
$3416335
Total Supporting Services
$3416335
Total Expenses
$19727187
