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Funds Allocation

 

Priests of the Sacred Heart Financial Statements Fiscal Year Ended June 30, 2021

 
Our financial statements for the year ended June 30, 2021 were audited by the firm of Clifton Larson Anderson, Certified Public Accountants, Milwaukee, Wisconsin. The following is a condensed summary of the financial statements: 
 
SUPPORT 2020-2021    
Contributions $15,951,151  
Bequests $2,131,249  
Mass Offerings $47,912  
Charitable Gift Annuities $398,462  
Total Support   $18,528,774
     
INVESTMENT RETURN 2020-2021    
Investment Income  $3,791,541  
Unrealized Gains on Investments  2,105,101
 
 Other Income   $153,806  
Total Investment Return   $6,050,448
     
TOTAL INCOME $24,579,222
     
EXPENSES 2020-2021    
PROGRAM SERVICES:    
Grants & Stipends to Province  $10,183,259  
Donor Pastoral Services  $4,498,219  
Ministerial Services  $36,984  
Sacred Heart Apostolate $1,081,071  
Total Program Services   $15,799,533
     
SUPPORTING SERVICES:    
Management and General $691,025  
Fundraising $1,851,416  
Total Supporting Services    $2,542,441
     
TOTAL EXPENSES   $18,341,974
     

2021 Dollar imageJPG

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Priests of the Sacred Heart

(800) 448-7674
P.O. Box 900
Hales Corners, WI 53130

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