Race-hustling activist group Black Lives Matter has managed to blow through more than half its amassed fortune from corporate and other donors, and is now millions of dollars in debt.
But no big deal to its greedy executives. They’re still taking home millions.
According to the New York Post:
Black Lives Matter ended last year with a nearly $9 million deficit — while still paying out millions to organizers as well as relatives of controversial co-founder Patrisse Cullors.
Tax documents shared by the Washington Free Beacon show that BLM’s Global Network Foundation ended the financial year in the red to the tune of $8,559,748.
The filings show that the nonprofit recorded revenue of $8.5 million — roughly half of the more than $17 million it spent.
That deficit is made even more extreme given that the previous year, it actually increased its piggybank, earning nearly $42 million after expenses.
Idiots keep putting money in the sinking ship
Scammers making millions