The Archdiocese of Philadelphia released additional audited financial statements for 12 related entities on March 16 for the fiscal year ended June 30, 2022.
Late last year, the Archdiocese of Philadelphia published audited financial statements for the Office for Financial Services, its Pastoral Center entity, as well as the Philadelphia Theological Seminary of Saint Charles Borromeo for the fiscal year ended June 30, 2022.
The narrative accompaniment to those statements illustrated a core operating result with a modest surplus of $3.4 million for the past fiscal year. They also illustrated an improvement of $217.8 million against underfunded balance sheet obligations over the past ten years.
None of the reports released by the Archdiocese include financial statements for individual parishes as all parishes are independent and autonomous entities.
See all the audited financial statements for the Philadelphia Archdiocese for the fiscal year ended June 30, 2022.
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