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1. 55555+(OP)[view] [source] 2024-03-01 17:41:33
Nonprofits can make profits. They aren’t taxed, but they can’t issue dividends. In theory there is some reasonable limit (in the millions) of how much they can pay out via salary compensation etc. they can’t issue dividends because they have no shareholders and no equity. Therefore the profit must simply be used towards their goal, basically.
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