Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $25,797
31%  
Woo hoo!! And we're now over 31%!! Thank you all very much!! God bless.

Keyword: covidprofits

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  • Non-Profit Hospitals Made Huge Profits During Pandemic While Receiving $23 Billion in Federal COVID-19 Aid: Report

    05/12/2023 8:45:56 AM PDT · by george76 · 12 replies
    Epoch Times ^ | May 12, 2023 | Mark Tapscott
    Federal officials gave more than $23 billion COVID-19 aid to the nation’s top 20 nonprofit hospitals even as a 62 percent increase in their collective net assets led parallel surges in the institutions’ total profits and revenues during the 2018-2021 time period spanning the Coronavirus pandemic, according to a new report. Only two of the 20 institutions have repaid the government for the COVID-19 aid they received. “The 20 largest nonprofit hospitals in the country continued making massive profits while their cumulative net assets soared to $324.3 billion in 2021, up from $200.6 billion in 2018. The year 2021 is...