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Baltimore archbishop reports $1.37 million net profit for March
By Sarah Lizee
Olympia, Wash., April 26 – The Roman Catholic Archbishop of Baltimore reported a $1.37 million net profit for March on $10.28 million gross income, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Maryland.
To compare, the debtor reported a $1.34 million net profit for February on $10.54 million gross income.
The cash balance at the end of March was $22.02 million, down from $23.94 million at the end of February.
The Baltimore-based archbishop filed bankruptcy on Sept. 29, 2023 under Chapter 11 case number 23-16969.
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