WestAustinAg said:
Wow. They have some major assets:
Based on the most recent available IRS Form 990 filings and financial statements, the Southern Poverty Law Center (SPLC) has a substantial amount of money and assets on hand.
As of the fiscal year ending October 31, 2024, the organization's financial snapshot is as follows:
Total Assets: $822,198,315
Net Assets (Endowment/Reserves): $786,768,246
Annual Revenue: $129,063,290
Annual Expenses: $128,982,970
Key Financial Context
Asset Reserve: CharityWatch, an independent nonprofit watchdog, downgraded the SPLC's rating to an "F" in May 2025. This was specifically due to the organization holding approximately 6 years' worth of available assets in reserve, which significantly exceeds the standard threshold for charities.
Investment Growth: The SPLC's endowment has seen significant growth in recent years, rising from roughly $749 million in 2023 to over $822 million by late 2024.
Liability: As of the 2024 filing, the SPLC reported total liabilities of approximately $35.4 million, which is relatively low compared to its total asset pool.
These numbers are mind blowing for an organization that really doesn't do anything but put out false flag propaganda. And the fact that they hold back assets like they do tells you all you need to know.
Anyone defending this blatantly obvious far left wing money laundering outfit is a dumbass of the highest order. Or, a true believing communist.