Eli5: How do non-profits make money & pay their employees?

203 views

Eli5: How do non-profits make money & pay their employees? Recently saw a video on YouTube where this random dude working for a non-profit for homeless, earns upwards of $200k every year. Where’s the money flowing from? Besides donations of course.

In: 0

9 Answers

Anonymous 0 Comments

When a non profit gets money weather from buying products or donations they put that money towards a budget. This budget includes the money they need to pay their employees, create whatever products they create, advertise however they advertise, pay bills etc etc. and then a little bit extra because most of this you can’t get 100% accurate. Once they cover all that they give all the rest of the money they make to whatever charity they support or put the rest of the money into things like getting better equipment or expanding the business.

You are viewing 1 out of 9 answers, click here to view all answers.