It's funny, but have you ever checked what does "non-profit" company actually mean in the US? You would be surprised as it has nothing with an inability of gain

It's funny, but have you ever checked what does "non-profit" company actually mean in the US? You would be surprised as it has nothing with an inability of gaining income. I don't remember that fact by heart, but it was something like - until a company doesn't spend more than 50% in total on wages or any benefits for internal team including founders and investors (like salary, bonuses, benefits all kind, dividends etc.) you can have any income and still be eligible for non-profit status.