The Southern Poverty Law Center (SPLC), a far-left nonprofit known for its “hate group” designations, has surpassed a half billion dollars in total assets and now has $121 million parked offshore.
According to the group’s financial statements, the SPLC reported total assets of $518 million from November 2017 to Oct. 31, 2018, up $41 million from the assets it reported on its previous year’s taxes.
Despite its total revenue falling by $15 million last year, the SPLC’s assets increased and its vast investment portfolio expanded in 2018, which included a drastic increase in the amount of money it has parked overseas.