Posts Tagged ‘Donations’

Vatican makes profit despite declining donations

Tuesday, July 5th, 2011

The Vatican returned a profit last year, despite around a 20% fall in donations from the faithful. The NZ$17.2 million profit was a turnaround from the previous year’s NZ$7 million loss, and losses in the previous two years. The Vatican said the result showed a continuing positive trend which began in 2009, but was hampered Read more