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Vatican reports profit of $14.2 million for 2010

2011-07-05 11:16:45  Printable version Printable version

YoutubeJuly 5, 2011. (Romereports.com) After three years of being in the red, the Vatican made a profit of 9.8 million euros for 2010, which is about 14.2 million dollars.

The Vatican press office released a statement saying their year revenue was 245.2 million euros and the Holy See expenses totaled 235.3 million.


The document also notes that donations fell from 18 percent, giving them a total of 67.7 million dollars.

However, the Vatican also holds stocks, bonds, and different real estate as a way to help when donations are low.

The Vatican Governorate is the body that runs Vatican City and it separately had a net income of 21 million euros that jumped up due to a recovery in financial markets and a higher number of visitors to the Vatican Museums.

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