Despite financial stress, many, but not all, U.S. dioceses post audited financial reports
Despite financial stress from the COVID-19 pandemic and clergy sexual abuse settlements, the number of dioceses posting audited financial reports to their websites rose 5% in the past year, according to Voice of the Faithful’s 2020 study of U.S. Catholic dioceses’ online financial transparency.
However, 43 dioceses posted no financial information at all, and overall, diocesan transparency dropped slightly from 65.11% in 2019 to 64.76% in 2020. Relatively stagnant overall scores resulted, at least in part, from the change of one word in Question #8. The reviewers added the word “current” to Question #8, which refers to lists of Diocesan Finance Council members. Dioceses scoring zero on Question #8 almost doubled from 2019 to 2020, going from 68 to 113 out of 177 dioceses and offsetting major gains in scores overall. According to the study’s authors the importance of the DFC and lay membership cannot be overstated. Lay members “represent the laity of the diocese in ensuring that their donations advance the mission of the Church,” VOTF’s study says.
VOTF’s fourth annual review of all dioceses comprising the United States Conference of Catholic Bishops was conducted between June 1 and Aug. 31 by three independent reviewers and their report, “Measuring and Ranking Diocesan Online Financial Transparency: 2020 Report,” found that:
- 70% of U.S. dioceses posted audited financial reports on their websites;
- U.S. dioceses posting audited financial reports increased from 65% in 2019 to 70% in 2020;
- 6% of the dioceses provided only unaudited reports, and 24% posted no reports at all;
- 93% of dioceses now post a central finance page on their websites, making it easier for members of the faithful to find available financial information.
The top five dioceses, each of which received a perfect score of 100%, were the Archdiocese of Baltimore, Maryland, and, for the second consecutive year, the Archdioceses of Anchorage, Alaska, and Philadelphia, Pennsylvania, and the Dioceses of Erie, Pennsylvania, and Rochester, New York. The five lowest scoring dioceses were Camden, New Jersey; Crookston, Minnesota; Lubbock, Texas; Tulsa, Oklahoma; and St. Thomas, Virgin Islands.
VOTF’s annual review continues to emphasize the importance of financial transparency, especially in an era of continually tightening finances and dioceses’ attempts to minimize the effects of clergy abuse settlements.
VOTF’s 2020 report points out:
“Every Catholic shares in the responsibility to ensure that funds donated for Church work actually go toward those purposes. Without access to financial reports and information on diocesan finance councils, budgets, and the overall financial health of a diocese, ordinary Catholics cannot exercise their full responsibility of stewardship or verify where their donations go … This 2020 report and the three that preceded it provide tools that faithful Catholics can use to understand how their diocese uses their donations and to help them exercise good stewardship of the gifts God has given them.”
You can read VOTF’s previous annual reports on diocesan online financial transparency by clicking here.