Archive for November 6th, 2017
Voice of the Faithful study reveals wide disparity in online financial transparency of U.S. Roman Catholic dioceses
Posted by Voice of the Faithful in Voice of the Faithful on November 6, 2017
A recently completed study reveals a wide disparity in online financial transparency for U.S. Roman Catholic dioceses. The study was conducted by the Finance Working Group of Voice of the Faithful®.
The working group’s review of all 177 U.S. diocesan websites shows a level of openness well below what could be reasonably expected of an organization anywhere near the size of the U.S. Catholic Church: 61 dioceses posted no financial data to their websites, and 75 dioceses did not post parish financial guidelines.
Overall, scores ranged from 10 to 59 out of a possible 60. The average overall score for all U.S. dioceses is 36 (60% if scoring were on a percentage basis). If the purpose of the study had been to measure the dioceses on a pass/fail basis, the overall score would mean that half of the dioceses failed to achieve a passing grade.
Please click here to receive a link to read the entire report, which includes exhibits detailing scores for each of the questions researchers used to judge degree of financial transparency.