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Axios
Axios
World
Jacob Knutson

WSJ: Only 10% of donations to Peter's Pence are spent on charity

Pope Francis. Photo: Alessandra Benedetti - Corbis/Corbis via Getty Images

Only 10% of donations to the Peter’s Pence collection by Catholic churches go to charitable causes to support the weak and suffering, the Wall Street Journal reports.

Why it matters: Most of that collection, which is worth more than $55 million annually, helps plug holes in the Vatican’s own administrative budget, raising concern among some church leaders that parishioners are misinformed about how their donations are spent.

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