The NRA Uses Creative Accounting to Post Surge in Revenue
- Multiyear sales, rather than new members, may be fueling rise
- Group asking members for assistance amid internal turmoil
This article is for subscribers only.
The embattled National Rifle Association reported some good news to its supporters earlier this year: Revenue from membership dues jumped 33% last year to $170 million.
But that picture -- outlined in its 2018 annual report circulated to supporters and analyzed by Bloomberg News -- may not be as rosy as those numbers suggest, as factors other than growing member rolls may have contributed to the revenue increase.