Yes, CFA is a 501(c)(3). Just like a religious organization. Let me be clear. CFA which is part of the topic of this thread is not Consumers Union who publishes Consumers Report. Consumers Federation of America(CFA) only took in about $3.1 million in 2004. It's tiny. I mentioned Consumers Report to show how massive some of these nonprofits are.
Ever heard of The Carter Center? Jimmah Carters toy? It took in $150 million last year and has $300+ million in assets. This is a charity and should not pay taxes?
The American taxpayer has been ripped off long enough by these nonprofits that are living under the same law real charities operate under.
*Financial information found at guidestar.org
Our gov is so massive, it's hard to know what's what. Pity. Thanks for the info.
My basic rule of thumb: Trust any organization which does well with very small amounts of funds; they have to be conservative, since liberal groups get loads and loads and loads of money. They wouldn't bother working for a non-profit that didn't have billions.