The Archdiocese of Philadelphia on Nov. 27 released audited financial statements for the fiscal years ended June 30, 2024 and June 30, 2023 for the archdiocesan Office for Financial Services.
The statements show a surplus of $2.2 million in the core operating result for the past fiscal year, slightly better than the projected break-even result. They also show an improvement of $285.4 million against underfunded balance sheet obligations over the past 12 years.
A press release containing details of the audited financial statements can be found here. A complete copy of the audited financial statements for the Office for Financial Services, along with a narrative explanation, can be found here.
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