Vatican profit up in 2010 but donations down

July 2, 2011 18:17


Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analysis from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief


ROME - The Vatican swung back to profit in 2010 after registering a loss in the previous three years, but donations fell 18 percent in a year in which sexual abuse scandals dented the image of the Roman Catholic Church, it was reported on Saturday.

The Holy See said in a report its profit totaled 9.85 million euros ($14.3 million) in 2010, up from a loss of 4.1 million euros in 2009 and losses in 2008 and 2007.

Pope Benedict made a strong apology to victims of sexual abuse by Catholic priests last year, seeking to come to grips with the scandal that shook the 1.1 billion member church.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

Breaking news
April 18, 2019
Eagerly awaited special counsel Trump-Russia report released