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What do professional golfers and professional golfers have in common? Both the NFL and the PGA are non-profits.
How about Ikea; another non-profit.
You could pay the top executives millions of dollars per year in salary and still be a non-profit. If your CEO made over 100 million last year and your company was investigated for fraud through Rico, well, then, you might be a non-profit.
The only thing that might be hard is at the end of the year for one day you might not have enough time to shuffle the money into something to keep it for yourself. This is precisely why some non-profits give a bonus at the end of the year. It’s not to be nice. It’s because they can’t get their money in the bank fast enough to move it to the right place.
As it turns out, not so much. Hospitals try to avoid patients that can’t pay. They are known for dumping sick people off just to get rid of them. They are known for denying care just because they don’t want to do it for free. Do they have to do it a lot? Well, maybe around 2% of the time they are charitable, but they would prefer 0%.
Hospitals seek donations as if they are so good and charitable. The truth is that they make sure they get paid for every single thing they do. If the donations are not enough, they stop service. Fortunately, some hospitals can raise a lot of money. Still, overall, hospitals don’t give a lot of charitable service. They give a little.
The stories you hear about uninsured people driving up health care by going to emergency service is mostly a myth. Sure, it does occur, but it’s mostly a non-issue. Of course, the hospitals don’t like it and are trying to avoid those patients