The National Rifle Association (NRA) is facing financial difficulties, forcing it to liquidate investments and grapple with declining membership revenue.
The National Rifle Association ( NRA ) is facing financial difficulties and has been forced to liquidate investments. An independent audit revealed that the NRA liquidated nearly $17 million worth of stocks and fixed-income assets from its investment portfolio and transferred the money to its operating account. Separately, the NRA liquidated $28 million worth of stocks and fixed-income assets from its investment portfolio to pay off a line of credit with Atlantic Union Bank of Virginia.
These liquidations represent more than three-fifths of the NRA’s investment portfolio, which stood at more than $72 million at the end of 2023. The audit also indicates that total NRA member dues fell from more than $83 million during 2022 to $62 million during 2023. Membership income routinely topped nine figures even a few years ago. The NRA acknowledges that it has experienced net losses over the past two years
Finance NRA Finances Investments Membership Legal Turmoil
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