Where Does the Catholic Church in Europe Get Money to Function?

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  • Nous
    Lv 7
    11 months ago

    Why does the Vatican have the huge underground vaults crammed with gold, silver, gems, art and other valuables and huge investments that amount to more than the entire wealth of America all gained at the expense of the poor and none of it going to any charitable cause to alleviate suffering or even being spent on evangelism – just hoarded!

  • Paul
    Lv 7
    11 months ago

    From its investments and the generosity of its members, the same as anywhere else on Earth.

  • X
    Lv 7
    11 months ago

    They write to Jiggles McGillicuddy and he sends them money.

  • 11 months ago

    Uhmm maybe because half the cathedrals in Europe are literally thousands of years old and beautiful works of art? 

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  • John
    Lv 4
    11 months ago

    Money comes from all kinds of sources -- not just church tithes. Any time you receive any kind of mail from a Catholic-based charity, probably some of the money they ask for in funneled back into the Church. The Catholic Church owns all kinds of properties. Catholic-based schools of any sort probably send a portion of tuition back into the Church. Churches of all kinds (not just Catholic) find legal loopholes they can exploit for generating income from investments, real estate, etc.

    But it really isn't that simple. Some local parishes close or merge because there isn't enough money generated within those parishes to meet all their expenses. Unless you are an accountant for a diocese, you will probably never really see how the money flows in and out.

  • Anonymous
    11 months ago

    The Catholic assembly is the spiritual home to 1.1 billion people around the world. It's also a big business that handles billions of dollars.

    Here's how it makes money and how it spends it.

    https://money.cnn.com/2015/09/24/news/pope-francis...

  • Anonymous
    11 months ago

    The Catholic Church actually gets some tax money from the governments in some European countries (and of course tithes). In Spain for example  the Feast of the Immaculate Conception (Mary’s birthday) is still a National holiday. Banks and schools are closed for the Catholic feast daySo while they officially are no longer Catholic theocracies in Europe they do still have quite a bit of of thoeocrwtic structure left (I.e the governments directly supporting the Catholic Church). 

  • User
    Lv 7
    11 months ago

    In many nations

    the government taxes people according to their religious affiliation (basically: "tithes" its people)

    and then supports the religious organizations with that tax money.

    Certainly that is not true in all nations

    or in all European nations

    or only in European nations

    but it is true in some European nations (for example: Germany).

    I believe part of the reason is to maintain culturally important landmarks (such as historic churches).

  • 11 months ago

    In Spain the government pays them millions every year according to some treaties the late dictator Franco made with the Vatican in the 50s, renewed in the 70s. They reinvest that money in funds, real estate, stocks, etc. They are extremely rich. The current socialist/communist government just elected intends to revoke those treaties. Hopefully. 

  • 11 months ago

    When I was in Europe a few years ago, I talked with many people on the streets about which religion they were. They all said “I’m a loyal Catholic.” I asked them if they attended church services. They all said, “No.” I wondered where the Catholic Church got money if no one attended church mass.

    I found out later that the governments in Europe give 10% of the government tax revenue to the church. That’s the only way the church can survive. Quite a tie! The government can eliminate churches in Europe overnight just by stopping the 10% “contribution.”

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