This is the part where HNers learn that simply being registered as a charity doesn't mean jack shit.
Hospital systems that make billions of dollars a year of profit are charities! Companies that own billions of dollars of real estate holdings for no purpose except speculation are charities!
Non-profit simply means that profits aren't paid out to shareholders. It doesn't mean you can't make enormous profits and accrue vast amounts of wealth.
Hospital systems that make billions of dollars a year of profit are charities! Companies that own billions of dollars of real estate holdings for no purpose except speculation are charities!
Non-profit simply means that profits aren't paid out to shareholders. It doesn't mean you can't make enormous profits and accrue vast amounts of wealth.