Its a NON PROFIT org.
The NRA’s profit soars as deaths from gun massacres mount
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Brett Arends
Published: Oct 2, 2015 5:47 p.m. ET
The most fanatical gun supporters saw the incident as a call to arms — literally.
NRA membership dues skyrocketed by a staggering 62% in the year after Sandy Hook, from $108 million to $176 million. Total revenue in 2013 hit a third of a billion dollars.
As a result, the massive organization saw profits — excuse me, “surpluses” — rocket 2,750% to $57 million.
Of course, that’s before taxes. But, then, it didn’t pay any taxes, for it is a nonprofit charity.
The NRA estimates it was also helped by 150,000 volunteers. How many corporations could boast as much?
The NRA top executives shared that year in a treasure chest of more than $8 million in salary, bonuses, nontaxable benefits, deferred pay and other compensation — a nice payout for an organization that enjoys charitable exemption from U.S. taxes. LaPierre alone made a million bucks a year, which is, ironically, equal to about $100 for every man, woman and child murdered with a gun in America.
The NRA’s profit soars as deaths from gun massacres mount