CHMA-Annual-Report

THE CATHOLIC HOME MISSIONS APPEAL Statement of Revenues, Expenses, and Other Changes in Net Assets for the Year Ending December 31, 2023

REVENUES National Collections Contributions

$8,115,152 $209,814

Income on Investments

Total Revenue

$8,324,966

EXPENSES Grants and Donations*

$8,496,892

89.55% 5.06% 3.96% 1.09% 0.34% 100%

Program Costs

$479,626 $375,914 $103,543 $31,999

Promotions and Fundraising Expenses

Administrative Expenses (Including Internal Grants)

Allocations - Internal Grants**

Total Expenses

$9,487,974 $9,455,975 $8,528,891

Total Expenses, Excluding Internal Grants

Total Grants & Donations, Including Internal Grants

Changes in Net Assets from Operations Non-Operating Activities: Unrealized Gain on Investments

($1,163,008)

$2,757,974 $1,594,966 $10,999,174

Changes in Net Assets

89.55%

Net Assets at the Beginning of the Year Net Assets at the End of the Year

$12,594,140

5.06%

1.09%

3.96%

SPECIAL GRANTS Diocesan Professional Development Opportunities

0.34%

$905,825 $90,000

New Bishop Installation Support

TOTAL EXPENSES

Total

$995,825

*Grants and donations approved in 2023 totaled $8,469,825 Grants and donations in 2023 totaled $8,528,891 and includes payments and write offs to grants approved in 2023 and prior years. **Internal grants supporting participation of representatives from home missions dioceses at USCCB organized programs.