Funds Allocation
For every dollar contributed, 84.44% goes toward missionary activities, education and housing for seminarians, and support for our retired priests and brothers. The remaining 15.56% goes to support services, including fundraising, marketing, and development of future donors.
2023-2024 Financial Statement
Our financial statements for the year ending June 30, 2024 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
$16283586
Bequests
$4419828
Mass Offerings
$92653
Charitable Gift Annuities
$232503
Total Support
$21028570
investment return
Investment Income
$ 1328283
Unrealized Gains on Investments
$1389835
Other Income
$142761
Total Investment Return
$2860879
Total Income
$23889449
Expenses
Program services
Grants & Stipends to Province
$8401435
Donor Pastoral Services
$6607320
Ministerial Services
$27809
Sacred Heart Apostolate
$2720760
Total Program Services
$17757324
supporting services
Management and General
$783265
Fundraising
$2871984
Total Supporting Services
$3655249
Total Expenses
$21412573
