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Baltimore archbishop reports $1.34 million net profit for February
By Sarah Lizee
Olympia, Wash., April 12 – The Roman Catholic Archbishop of Baltimore reported a $1.34 million net profit for February on $10.54 million gross income, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Maryland.
To compare, the debtor reported a $201,665 net loss for January on $9.51 million gross income.
The cash balance at the end of February was $23.94 million, up from $22.19 million at the end of January.
The Baltimore-based archbishop filed bankruptcy on Sept. 29, 2023 under Chapter 11 case number 23-16969.
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