A Question re. Politics, Religion & $$$

The following is a summary of a 2013 financial statement provided by Guidestar.org concerning Bill Donohue’s Catholic League. The wealth of the Catholic League is hardly a secret. The Left bashes it regularly, of course. And I am not bashing either Dononhue or his organization. They each do real good in a just cause, even if I do not agree with all of Bill’s politics or his conciliarist-friendly attitude. And I am MOST certainly not criticizing the financial success of CL or Bill, personally.

So, here’s my question: Having seen many Trads suffer real penury trying to do “something” to help in the Church’s mission, via publishing, the internet, etc., how is it that others, like CL, can accumulate such vast wealth? I am not convinced it’s just connections or politics. Anyway, comments are invited. / gpmtrad

www.charitynavigator.org/index.cfm?bay=search.summary&orgid=11293#.Ve26SaMgnas

Income Statement (FYE 12/2013)

REVENUE
Contributions
Contributions, Gifts & Grants $2,700,147
Federated Campaigns $0
Membership Dues $0
Fundraising Events $0
Related Organizations $0
Government Grants $0
Total Contributions $2,700,147
Program Service Revenue $0
Total Primary Revenue $2,700,147
Other Revenue $486,737
TOTAL REVENUE $3,186,884

EXPENSES
Program Expenses $1,276,283
Administrative Expenses $811,636
Fundraising Expenses $742,271
TOTAL FUNCTIONAL EXPENSES $2,830,190

Payments to Affiliates $0
Excess (or Deficit) for the year $356,694

Net Assets $35,416,580

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