Thursday, April 6, 2017

Finances

Catholic Charities uses about 89% of its revenue for program costs.[4][20]
In 2010, Catholic Charities had revenues of $4.7 billion, $2.9 billion of which came from the US government. About $140 million came from donations from diocesan churches, the remainder coming from in-kind contributions, investments, program fees, and community donations.[21] Catholic Charities is listed as an Accredited Charity by the Better Business Bureau Wise Giving Alliance.[20]

History

In 1727, French Ursuline Sisters founded an orphanage in New Orleans, Louisiana, the first Catholic charitable institution in the area that later became the United States.[22] During the nineteenth century, provision of Catholic charity was for the most part a local matter. However, the Society of St. Vincent de Paul, which was organized in the United States in 1845 in St. Louis, Missouri, soon spread to other cities and dioceses. The SVDP Society held national meetings, which served as a point of contact for members working at the local level, and played a significant role in the formation of the National Conference of Catholic Charities.
By 1900, there were more than 800 Catholic institutions dedicated to the care of children, the elderly, the sick, and the disabled. According to Jack Hansan of the Social Welfare History Project, by 1910 about half of the approximately 15 million Catholics in the United States lived in poverty. Only three diocesan charity agencies were organized prior to 1910. The San Francisco earthquake of 1906 and ensuing fire pro

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