Financial report for the Church of St. Lawrence, Watts, Los Angeles

Financial report for the Church of St. Lawrence in Watts, California, for 1924. The printed pamphlet includes numerous advertisements and a statement of accounts. Key Income Sources: Beyond standard Sunday ‘Plate Collections’ ($3,621.05) and ‘Pew Rents’ ($1,131.27), the parish relied heavily on a $6,013.53 loan from the Capuchin Order to fund its growth. Major Expenditures: The primary focus was infrastructure. The parish spent $5,421.65 on the new school, $2,186.21 on church improvements, and $

Details

Level of description
Item
Date
1924
Reference
6
Extent and medium
14 pp; printed
Scope and content
Financial report for the Church of St. Lawrence in Watts, California, for 1924. The printed pamphlet includes numerous advertisements and a statement of accounts. Key Income Sources: Beyond standard Sunday ‘Plate Collections’ ($3,621.05) and ‘Pew Rents’ ($1,131.27), the parish relied heavily on a $6,013.53 loan from the Capuchin Order to fund its growth. Major Expenditures: The primary focus was infrastructure. The parish spent $5,421.65 on the new school, $2,186.21 on church improvements, and $1,482.94 on the house (rectory). Interest payments totalled nearly $2,500.
Repository
Irish Capuchin Archives
Context
Irish Capuchin Archives > Papers of the Irish Capuchin Mission in the United States > Financial Records

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  • Sincerely yours in Christ and St. Francis,
  • Sexton's Wages .....
  • Watts, California
Full Transcript (OCR, 1 pages)

Machine-generated OCR transcript. Handwritten material may contain recognition errors.

Page 1

Financial Report of the Church of St. Lawrence Watts, California 1924 Herewith I beg to present to you the Financial Statement of the Parish for the year 1924. Owing to the fact of our New School Building as well as our Church Convent and House improvements, our debt has not been reduced, yet we have reason to be rejoiced at our general excellent showing. A more loyal cooperation on the part of some is needed, then more satisfactory results will be assured. To all I express my satisfaction and gratitude, and by a continued united effort the present year will mark even a more satisfactory showing. Sincerely yours in Christ and St. Francis, FATHER JOSEPH O. M. CAP, Pastor. FINANCIAL STATEMENT RECEIPTS EXPENDITURES Bal. on hands Jan. 1, 1924..... $1654.02 Rector's Salary ..... None Pew Rents ..... 1131.27 Ordinary Church Expense..... $1153.23 Plate Collections ..... 3631.00 House Support ..... 2283.51 Schools ..... 1649.00 Schools and Sisters Salary..... 650.00 Baptisms ..... 11.69 Sundries ..... 265.00 Marriages ..... 179.50 Sexton's Wages ..... 300.00 Easter ..... 313.70 Insurance ..... 452.65 Christmas ..... 523.50 Taxes ..... 283.18 Altar Society ..... 20.00 Interest ..... 2482.66 Miscellaneous Receipts ..... 405.02 Cathedraticum ..... 99.36 Fairs ..... 1801.79 Assessments ..... 99.36 Loans from Capuchin Order... 6013.53 Improvements on Church..... 2186.31 Holy Land ..... 13.65 Improvements on House..... 1482.94 Holy Father ..... 18.45 Improvements on School..... 5421.65 Indian & Negro ..... 9.50 Holy Land ..... 13.65 Catholic University ..... 5.00 Holy Father ..... 18.45 German Relief ..... 14.20 Indian & Negro ..... 9.50 C. Charities ..... 45.75 Catholic University..... 5.00 Seminary ..... 17.91 German Relief ..... 14.20 C. Charities ..... 45.75 Seminary ..... 17.91 Balance on hand ..... 331.57 TOTAL ..... $18 725.88 TOTAL ..... $18,725.88 N. B. Our Advertisers are kind friends of the Parish and are deserving of your patronage.