Does anyone have a clue if they'll manage to keep their 501(c)(3) status with $1.1 billion in profit for 2019? My understanding is that profits like this unrelated to their normal business activies are taxable, and may also cause the IRS to reconsider their non-profit status and/or levy penalties [1].
[1] https://www.irs.gov/charities-non-profits/unrelated-business...