The NRA Reports Losing $55M In Income In The Last Year

Gun rights activist and former NRA head Wayne LaPierre.Screengrab/NRA/YouTube

After unprecedented spending during the 2016 election, the NRA saw a massive drop in income in 2017.

The National Rifle Association lost $55 million in income last year, after previously expending massive amounts of money in 2016 to help ensure Donald Trump’s election to the presidency.

From The Daily Beast:

The National Rifle Association of America reported $98 million in contributions in 2017, down from nearly $125 million in 2016, according to new tax records obtained by The Daily Beast. Nearly one-fifth of its contributions last year came from a single anonymous donor, who chipped in nearly $19 million to the group.

More noteworthy than its drop in contributions, though, was its decline in membership dues. The NRA took in more than $128 million in dues last year—a significant sum, but down considerably from the $163 million it took in the year prior. That decline, more than the drop in direct contributions, appears to indicate a dwindling, if still formidable, base of public support. Asked for comment on the decline, an NRA spokesperson pointed to reporting showing that the organization’s magazine subscriptions have shot up this year, interpreted as an indicator of an accompanying membership surge.

Nonetheless, 2017 did not see a financial windfall for the group. In all, the NRA reported just under $312 million in total income, down from nearly $367 million the year before.

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