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To: Kid Shelleen

Non-profits are often very profitable. Many take in huge amounts of money, greater than expenditures. They can pay huge salaries, and keep excess funds in the bank for their operations. They merely can’t pay out profits to private “owners”

Having 501c3 status can be a great scam


3 posted on 07/21/2021 8:39:55 AM PDT by PGR88
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To: PGR88

And I’d bet make up a huge portion of our “economy”. All untaxed and unaccountable.


6 posted on 07/21/2021 9:44:21 AM PDT by Riflema
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To: PGR88

Don’t forget they don’t pay taxes, thus have an incentive to spend every dollar.


7 posted on 07/21/2021 9:59:03 AM PDT by Lockbox (politicians, they all seemed like game show hosts to me.... Sting)
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