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Published on 5/10/2021 in the Prospect News Distressed Debt Daily.

Diocese of Buffalo reports $648,859 net income for March period

By Sarah Lizee

Olympia, Wash., May 10 – The Diocese of Buffalo reported a $648,859 net income on $1.1 million of total revenue for the March period, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Western District of New York.

The diocese had $6.46 million of unrestricted cash and equivalents as of March 31.

The diocese filed Chapter 11 bankruptcy on Feb. 28, 2020 under case number 20-10322.


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