Association of the Miraculous Medal

 

Accountability Report

How You Help Us Do Our Lady’s Work

All members of Our Lady’s Association come together to do Our Lady’s work, whether it’s through prayer or financial assistance. Your many prayers enable us to reach out spiritually to those who are in need, and your monetary contributions provide the resources which help us to carry out our mission.

 

On this page you will find a brief financial accountability report for our fiscal year of July 1, 2023, to June 30, 2024. Although you can read our mission statement in every issue of the Bulletin, I want to repeat it here:

 

The Association of the Miraculous Medal brings Jesus Christ to the world by inspiring devotion to Mary, Our Lady of the Miraculous Medal, through whom we unite ourselves in prayer to grow in holiness while supporting the apostolic mission and charitable works of our Vincentian priests and brothers.

 

The National Shrine of Our Lady of the Miraculous Medal is our center of prayer.

 

It is through your support that we accomplish our mission and you become a partner in that mission. The report on this page shows the sources of our funds and how they are used.

Income

Donations $15,894,500
Memberships $522,634
Shrine $333,995
Mass Offerings $48,469
Other Income $1,389,707
Total Income $18,189,305

Program Services and Expenses

Promoting Marian Devotion $9,185,857
Vincentian Community Works $1,024,427
Pastoral Ministry $2,791,677
Shrine Support $912,084
Fundraising $1,514,888
Management $816,440
Total Expenses $16,245,373

The last two items of expense are for fundraising and management. As you can see, they add up to 14% of the expenses. This means that 86% of your contribution goes directly to the Association’s work.

 

We distributed $1 million to the Congregation of the Mission Western Province to assist with their mission of serving the poor and abandoned.  This is shown under Vincentian Community Works.

 

Again, we are grateful for your kindness to Our Lady’s Association. We continue to be humbled by your generosity. All this information is part of our Financial Report, available on request.

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