NRA Is Selling Off Its Investments to Make Ends Meet
The NRA's investment portfolio dropped from $72 million to under $33 million in 2024, with legal costs consuming 21% of revenue, forcing cuts in programs and rising liabilities.
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3 Articles
The NRA Is Selling Off Its Investments to Make Ends Meet
Aaron M. Sprecher/ASSOCIATED PRESSThe National Rifle Association is burning through its investment portfolio to pay its bills as legal perils increase and revenue from membership dues decline, according to an independent audit reviewed by NOTUS.In 2024, the 154-year-old gun rights organization liquidated nearly $40 million worth of stock, fixed-income securities and other holdings, per the 41-page audit document prepared by accounting firm Aprio…
NRA Is Selling Off Its Investments to Make Ends Meet
“The National Rifle Association is burning through its investment portfolio to pay its bills as legal perils increase and revenue from membership dues decline,” NOTUS reports. “In 2024, the 154-year-old gun rights organization liquidated nearly $40 million worth of stock, fixed-income securities and other holdings. By the end of 2024, the NRA’s investment portfolio had shrunk to less than $33 million, down from more than $72 million the year bef…
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