R.I.P. Scout26
The Brady Campaign to Prevent Gun Violence has raised about $5 million since late December, a spokeswoman for the group told POLITICO.The group announced its fundraising haul after the National Rifle Association told POLITICO it increased its membership by 100,000 following the Sandy Hook massacre.
The $5 million haul is close to double what the group pulled in 2010, according to the most recent tax documents available. That year, their total revenue was $2.8 million. The group’s expenses exceeded total revenue by about $222,000.
But if you look at Brady's IRS Form 990 report, its total fundraising for 2012 was $4.8 million, and for 2013 was $4.2 million. (That's gross: net would be those figures minus fundraising expenses of $1 million and $800,000 respectively). So the surge in funding Brady claimed was in fact more than it brought in total for either year in question. And the 2013 claim was that the cash had come in "since late December (2012)," but in fact 2013 saw a fundraising decline of 13%.
On the bright side, it appears they figured out how to keep from spending more than they took in.
Don't rule out the possibility of Bloomberg and/or Soros writing them a nice big check.