Finally, the Catholic diocese of Minneapolis/St Paul has opened their books. If you’re interested in the grisly accounting details, read the whole thing. The part that caught my attention…
The report said the archdiocese spent $8.8 million over the past decade on costs related to clergy misconduct. That does not include settlements and other payments made by the archdiocese’s insurance company, the report said.
The archdiocese spent more than $6.2 million on cases involving misconduct with minors, assisting the victim and abuser, the report said. That includes $2.3 million for legal settlements, $1.8 million for victim support such as counseling and therapy, and $566,000 in legal fees.
Note that it doesn’t cover what their insurance company paid out. I wonder if their company thinks Catholicism was a good risk?
We also learn that the church has operating expenses of over $39 million and income of over $35 million. Using the potent math skills I acquired in first grade, I think that means they’re going in the hole by about $4 million every year…but somehow the church financial officer says,
the financial condition of the archdiocese is solid, which unfortunately exceeds my mathematical ability to compute.
It looks a little less solid when you also consider the 20 child sex abuse lawsuits against the church filed just this year.
I shall eagerly await their well-deserved bankruptcy. I might be waiting a long time, though — somehow these organizations always seem to persist on the unfailing gullibility of their clientele, which is beginning to look like an infinite resource.