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Peter’s Pence releases its annual disclosure report for the financial year 2023: Compared to 2022, donations increased by nearly five million euros. Pope at Angelus: A Church and a society that excludes no oneIn 2023 the income of the Peter’s Pence Fund, intended to meet the needs of the universal Church and to support numerous initiatives in favour of those most in need, amounted to 52 million euros , while the expenditures totalled 109.4 million euros.1.
The United States was the largest benefactor, by a wide margin, contributing 13.6 million euros, amounting to 28.1%, of the total income, with the next largest contributions coming from Italy and Brazil .
The report notes that, with reference to the projects carried out in Europe, half a million euros were used to fund scholarships for priests, seminarians, and religious from Africa, Latin America, and Asia to study at pontifical universities; while just under a million more was donated to war-torn Ukraine to sponsor various pastoral and social initiatives.In 2022, Peter’s Pence revenues amounted to 107 million , while expenditures had amounted to 95.5 million.
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