Financial documents show the NRA is living ‘paycheck to paycheck,’ and ended 2018 $10.8 million in the red

U.S. President Donald Trump addresses the 148th National Rifle Association (NRA) annual meeting in Indianapolis, Indiana, U.S., April 26, 2019. REUTERS/Bryan WoolstonReuters

 

The NRA’s 2018 financial report reveals more details about the financially troubled organization’s income and spending. It is the latest revelation about the politically prominent group’s internal turmoil, which has shaken its leadership and roiled its membership. Visit Business Insider’s homepage for more stories.

The National Rifle Association’s 2018 financial report shows that the gun-rights organization has spent increasing amounts on administrative costs while slashing its outlays on training programs and political advocacy, according to The Washington Post, which obtained the financial documents.

The documents, prepared by its external auditors, indicate the NRA’s spending has increased faster than its revenues have risen and that it has run a deficit for the past three years — including a $10.8 million shortfall in 2018.See the rest of the story at Business Insider

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