News@lemmy.world

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Number1SummerJamtoNews@lemmy.worldEnglish·1 year ago

Nonprofit hospitals skimp on charity while CEOs reap millions, report finds

(arstechnica.com)

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Nonprofit hospitals skimp on charity while CEOs reap millions, report finds

(arstechnica.com)

Number1SummerJamtoNews@lemmy.worldEnglish·1 year ago

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Nonprofit hospitals got $28 billion in tax breaks—which made up 44% of their net income.

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501(c)(3) corporations need to have executive pay regulated in both absolute and relative (to median worker pay, as well as to the company’s overall revenue) terms