News

Irish Church of Scientology revenues drop by 60%

REVENUES HAVE plummeted at the Irish branch of the controversial Church of Scientology, which remains deep in the red.

Membership of the worldwide church, established in 1954, includes movie stars such as Tom Cruise and John Travolta.

However, documents show that interest-free loans from abroad are propping up the Irish branch, which is more than €688,000 in the red in its latest accounts.

According to financial documents lodged by the Church of Scientology Mission of Dublin Ltd, the company’s revenues more than halved from €484,070 to €193,509 in 2009.

As a result of this 60 per cent drop, the church’s operating surplus fell 74 per cent, from €271,804 to €68,292.

The accounts are for the 12-month period to the end of April 2009, but were only signed off by the board on July 20th last after a long delay by the company in lodging the return.

http://www.irishtimes.com/newspaper/ireland/2011/0802/1224301719186.html

Advertisements

About pedrofcuk

I am an ex-Scientologist dedicated to exposing the fraud, abuse and other crimes of the Scientology racket.

Discussion

2 thoughts on “Irish Church of Scientology revenues drop by 60%

  1. Can someone explain to me how you can have a 150% decrease…????? That’s not possible surely..?

    Also, it was founded in December 1953. That continuously repeated error bugs me for some reason.

    Posted by themadhair | August 2, 2011, 10:51 am

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: