7 ms·

Nonprofit does not necessarily mean taxpayer subsidized.

• dougmwne 3y ago
  That’s exactly what a 501(c)(3) is. While nonprofits do not receive actual funding from the US government, unless in the form of grants, there is a revenue cost to the government due to lost tax revenues. We have given these orgs tax exempt status so that they may serve the public good, not the third homes of their executive staff.