After U.S. Catholics, Catholics in Italy gave the second-largest amount at 5 million euros ($5.2 million). Germany was in third place, with 2.3 million euros, followed by South Korea, France, Spain, Brazil, Ireland, the Czech Republic, and Canada.
Peter’s Pence is the Holy See’s annual collection to finance the pope’s charitable works and other priorities, including the Roman Curia.
The annual collection is usually taken up in Catholic churches around the world on a weekend close to the June 29 Feast of Sts. Peter and Paul.
The fund’s total collection in 2020 was 44 million euros (about $49 million), an 18% decrease from the year prior. Peter’s Pence also saw a fall in annual income of 23% from 2015 to 2019.
Total expenses in 2021 amounted to 65.3 million euros, leaving a deficit of 18.4 million, which was covered by Peter’s Pence reserve funds.
The Vatican used 55.5 million euros from Peter’s Pence to support the Holy See and its work and 9.8 million euros went toward providing direct assistance to aid projects around the world.
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