Pope Francis dead at 88: What is the financial situation of the Vatican?

The Vatican City is the smallest country in the world, and yet it is home to one of the world's largest religions: the Roman Catholic Church.

On Monday, Pope Francis, head of state of Vatican City, died at 88 years old, according to Cardinal Kevin Ferrell, the Vatican camerlengo.

It is significant, as the pope holds the full executive, legislative, and judicial authority over the independent nation. 

The Vatican's financial situation has been in peril for years, with its annual...