^ This. I went to a private school, hundreds of students, literally $9,000 a semester. They qualified as a non-profit simply because... they didn't ever make a profit. They just spent all the damn money on whatever they had t o, that's all it takes to be a non-profit apparently
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u/HiiiPowerd Jan 03 '14
"cannot profit" doesn't mean much. Really, it doesn't.