Financial Reports and Information

The Diocese of Pittsburgh is committed to transparency and has published its independently audited financial report every year since 1969. These documents will help you to understand how the Diocese of Pittsburgh uses your gifts to serve Jesus.

Despite the headwinds of inflation, and the slow recovery after COVID, our parishes are growing in strength and unity. The women and men on my senior staff are deeply engaged in strategic planning so that all of our parishes and schools will be financially sustainable for years to come.

For more than half a century, the Diocese of Pittsburgh has published independently audited financial reports of its Central Administration. We continue to do so to reassure you that your offerings are used to advance the mission given to the Church by Jesus Himself. Thank you again for being so generous. Nearly all funds for Central Administration come from the annual Parish Appeal (formerly known as Parish Share), which supports ministries that individual parishes cannot carry out alone. Some of these ministries include assisting campus ministries programs to help college students grow in their faith and supporting men as they discern a call to the priesthood or diaconate, among other services provided to parishes and schools.

All of you, the faithful in our six counties, are in my prayers. I trust I am in yours. My service as your bishop, together with all our dedicated diocesan employees, is to help you grow in faith. All of these efforts are sustained with your generous support. Thank you again and again!

Grateful for our continued efforts together in being On Mission for The Church Alive!, and for our belief that “Nothing is Impossible with God,” I am

Your brother in Christ,

Most Reverend David A. Zubik

Bishop of Pittsburgh

DAZ:lar

The financial statements of the Central Administration Fund (Fund) of the Diocese of Pittsburgh are audited by the independent accounting firm of Maher Duessel. In the opinion of Maher Duessel, the financial statements present fairly, in all material respects, the financial position of the Fund as of June 30, 2022 and 2021, and the changes in its net assets and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America.

The financial statements outline how the Fund brought in and spent money in fiscal year 2022.

Revenue and Support:

• Diocesan revenues were $22.8 million in 2022, an increase of $2.3 million from 2021.
• Net collections from the annual Parish Appeal (See below) were $11.0 million or $1.6 million less than the prior year.
• By design, the parishes were assessed $5.0 million to support our Catholic schools through the Elementary School Grant or ESG.  This is an increase of $4.0 million from the prior year.
• Also, included in 2022 is $2.0 million of support from the Diocesan Foundation which is down $0.8 million from 2021 and $0.2 million from donations and bequests.
• During 2022 the Diocese recognized non-recurring revenue of $2.0 resulting from the forgiveness of its Payroll Protection Program loan.

• Total expenses of the Fund increased by $2.0 million.
• The largest Fund expenditures in 2022, were for Temporal Affairs ($6.5 million), Pastoral Administration ($6.2 million) and Catholic Education & Evangelization ($4.7 million). See Statements of Functional Expenses for details.
• The Office for the Protection of Children, Youth and Vulnerable Adults spent $0.4 million in 2022.
• For the full year, Fund revenues exceeded expenses by $3.7 million.  By design, this favorable result primarily relates to our planned support of the 2022-2023 Catholic schools academic year.

• It is an annual assessment of parish income by the Diocese.
• Each parish is assessed a percentage of the prior years’ assessable income.
• Assessable income is primarily offertory collections intended for parish use.
• Other types of income, such as fundraising income or rental income of a building may also be assessable.
• Income that is not assessable includes interest from deposits held at the Parish Deposit and Loan Fund, tuition and fees, Diocesan subsidies and special collections for charity and Catholic missions.
• Annual Parish Appeal funds are used to support regional church ministries such as the seminary, Catholic education and evangelization, outreach to college students and essential administrative services for the Diocese, Parishes and schools, such as accounting, payroll and real estate.
• Any annual Parish Appeal funds raised in excess of the parish goal remain with the parish
• No money from the offertory collection, special collections or annual Parish Appeal was used to fund the Independent Reconciliation and Compensation Program for responding to abuse claims.