Submitted by thanxhaveagood1 t3_z3m4h9 in pittsburgh
kielBossa t1_ixmzv65 wrote
Reply to comment by trucorsair in Pittsburgh's largest nonprofit is concerned that its profits are down by thanxhaveagood1
False, upmc has state and the irs designations as a charity, which means they have to meet certain standards are not allowed to run the organization to profit just for the sake of profit.
trucorsair t1_ixn18v2 wrote
You apparently didn’t understand what I wrote. To expect any business to operate at negative profit is insane. Any business has to generate income to be a going concern. How many years of losses would you expect a business to absorb before they collapse in debt?
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