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"The Roman Catholic Church is almost certainly the wealthiest organization in the world. In the United States alone, it is estimated that the Catholic Church has an operating budget of $170 billion. By comparison, in fiscal year 2012, Apple and General Motors each had about $150 billion in revenue worldwide. No one outside the Vatican knows for sure how much money the church has, because—unlike every other category of tax-exempt “nonprofit” organizations—religious organizations in the United States are not required to submit basic financial reporting to the IRS. From Vatican City (the Catholic Church’s own country) to St. Patrick’s Cathedral in Manhattan, the Church owns some of the most extraordinary art and architecture the world has ever known. It operates a vast and lucrative network of schools, universities, and hospitals whose Medicare and Medicaid patients are bankrolled by American taxpayers, yet it is listed as a nonprofit organization."
From: 10 Of The Richest Tax-Exempt Organizations - Listverse
Deflection.And this has what to do with the OP?![]()
Where's your hugatar?
Deflection.
Did you click on the link?And this has what to do with the OP?![]()
Did you click on the link?
The link that had this?Did you click on the link?
You learn to walk before you can run. What were the stats for the Catholic Church? I don't believe anyone knows the true stats except church leaders and even they don't know how much individuals have donated to the many charities in the world. Only God knows.The link that had this?
" The multibillion-dollar Church of Jesus Christ of Latter-day Saints, for example, gave just 0.7 percent of its annual income to charity between 1985–2008. "
You learn to walk before you can run. What were the stats for the Catholic Church? I don't believe anyone knows the true stats except church leaders and even they don't know how much individuals have donated to the many charities in the world. Only God knows.
I am not negating anything. The Catholic Church does a tremendous amount of good and all churches should do good. Just last week our church gave one million dollars to the Salvation Army. The Salvation Army does a tremendous amount of good also. That being said there are churches that are not all that charitable. God will judge.How does what the Catholic church, or any other church, does negate what yours does?
"The Roman Catholic Church is almost certainly the wealthiest organization in the world. In the United States alone, it is estimated that the Catholic Church has an operating budget of $170 billion. By comparison, in fiscal year 2012, Apple and General Motors each had about $150 billion in revenue worldwide. No one outside the Vatican knows for sure how much money the church has, because—unlike every other category of tax-exempt “nonprofit” organizations—religious organizations in the United States are not required to submit basic financial reporting to the IRS. From Vatican City (the Catholic Church’s own country) to St. Patrick’s Cathedral in Manhattan, the Church owns some of the most extraordinary art and architecture the world has ever known. It operates a vast and lucrative network of schools, universities, and hospitals whose Medicare and Medicaid patients are bankrolled by American taxpayers, yet it is listed as a nonprofit organization."
From: 10 Of The Richest Tax-Exempt Organizations - Listverse
And this has what to do with the OP?![]()
Those articles are old and unfounded. The Church Of Jesus Christ of Latter Day Saints has spent billions on welfare projects, doesn't that count as charity?"Yesterday, a “whistleblower” who used to help manage the church’s investment portfolio released a series of documents alleging that the [LDS] church has mismanaged more than $100 billion of charitable donations, including by channeling a portion of that money into for-profit investments on which it has failed to pay taxes — The Washington Post and Religion Unplugged have more details." How persuasive is whistleblower's claim the LDS church is hiding wealth from the IRS?
How persuasive is whistleblower's claim the LDS church is hiding wealth from the IRS?
"Bankers' best guesses about the Vatican's wealth put it at $10 billion to $15 billion. Of this wealth, Italian stockholdings alone run to $1.6 billion, 15% of the value of listed shares on the Italian market." Roman Catholics: The Vatican's Wealth
List of wealthiest organizations - Wikipedia
When you consider that Catholic Churches are closing due to lack of money....
Those articles are old and unfounded. The Church Of Jesus Christ of Latter Day Saints has spent billions on welfare projects, doesn't that count as charity?
Those articles are old and unfounded. The Church Of Jesus Christ of Latter Day Saints has spent billions on welfare projects, doesn't that count as charity?