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This is very difficult to ascertain. In one sense, the only thing which is property of the Roman Catholic Church as such is the nunciature, which is equivalent in international law to an embassy. The Catholic Church, however, is more than just what is attributed directly to the Vatican. To find out exactly what real estate and businesses are owned by the Church in a mediated way you would have to count in the properties of the various diocese, religious orders, associations etc. Not all of these are strictly religious and so are not tax-exempt, which complicates matters even more.

The Church, you see, is not a monolithic entity, and when we talk about "Church property" we could, in order to understand it more clearly say "the property of an organization that is associated with the Catholic communion." Something that the Jesuits own is administered in all effects by the Jesuits and not by the Pope and cannot properly be considered to be Vatican property.

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Q: What is the dollar value of all the real estate and businesses owned in the US by the Roman Catholic Church?
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