Missionhurst CICM Finance Page

Income
	Amount	Percentages
Contributions	837,283	58.00%
Legacies and Bequests	397,103	28.00%
Mission Appeals in Parishes	180,097	13.00%
Investment Income	14,917	1.00%
Total	1,429,400	100.00%

Expense
	Amount	Percentages
Program Services: Pastoral Work	497,984	36.00%
Missionary Support	153,476	11.00%
Education Projects	41,242	3.00%
Development Projects	62,295	5.00%
Relief and Health Care	21,696	1.00%
Publication - Magazine	124,173	9.00%
Total	900,866	65.00%

Supporting Services
	Amount	Percentages
Fund Raising	286,073	21.00%
Management and General	185,896	14.00%
Total Supporting Services	479,622	35.00%
Net Total	1,373,837	100%
Net Assets-Beginning this year			319,459
Income exceeding Expenses			55,563
Net Assets-End of year			375,022

To summarize, expenses as a percentage of total income received were:

65% for Program Services (Mission)

21% for Fund Raising (includes postage, paper, supplies, production, etc.

14% for Management and General Purposes

Missionhurst, Inc. is a non-profit corporation exempt from the Federal Income Tax under Section 501(c)(3) of the Internal Revenue Code and qualifies for charitable contribution deduction by individual donors.

Board of Administration
Rev. Joe Giordano, cicm
Rev. Randy Gonzales, cicm
Rev. Charles Phukuta-Khonde, cicm
Rev. William Wyndaele, cicm
Rev. Leo Zonneveld, cicm
Mrs. Ann Quirk
Dr. Arthur Meiners
IN ADDITION to the projects funded Missionhurst also:
Supported education to the priesthood and forwarded gifts designated for individual missionaries or projects amounting to $324,663.
Provided many of our priests in the missions with Mass offerings amounting to $10,423.
Published Missionhurst Magazine four times a year to foster missionary awareness in our country.