News and Views
Religious The sexual abuse crisis has had a heavy impact on Catholic church finances. From 2004 to 2020, dioceses and religious orders in the U.S. spent $4.3 billion on costs related to abuse allegations, mostly in payments to victims and attorneys’ fees. Thirty-one (31) dioceses and religious orders in the U.S. have sought Chapter 11 bankruptcy protection, according to Pennsylvania State University. Pew Research found that 26% of U.S. Catholics have reduced the amount of money they donate to their parish in […]