• Lexi Sneptaur
    link
    fedilink
    English
    arrow-up
    11
    ·
    7 months ago

    A non-profit can, in fact, profit, but it has specific rules on what it can do with those profits. Tax law is a rabbit hole and I don’t even wanna peer in

    • OldManBOMBIN@lemmy.world
      link
      fedilink
      arrow-up
      1
      ·
      7 months ago

      Used to work for a non-profit retirement community in a pretty small area; the guy running the joint lived in a $3M “house” with a full 7 car garage.