The financial report released Saturday by the Holy See's press office listed revenues of euro250.18 million against expenses of euro254.28 million. Most of the expenses went to support Pope Benedict XVI's activities and Vatican offices, especially Vatican Radio.
In 2008, the Vatican was euro900,000 in the red; a year earlier it posted a euro9.06 million deficit.
The Vatican said annual donations from churches worldwide, the so-called Peter's Pence, were up significantly: In 2009, Catholics donated $82.52 million, up from $75.8 million in 2008 and $79.8 million in 2007. Leading donors were the US, Italy and France.
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