If they are non-profit, they do not make billions in profits. I suspect you mean revenue :)
Exec compensation is another thing, but also not a concern I am super sympathetic to given that for profit companies of similar magnitude generally pay their execs way more they just are not required to report it.
> If they are non-profit, they do not make billions in profits
Wrong. Non-profits are not called that because they don't make profits, they are called that because they don’t return (even as a future claim) profits to private stakeholders.
Take one of the largest teaching hospitals in the world, Cleveland clinic is a non-profit. The Cleavland clinic 2022 annual revenue was >15 Billion and expenses were ~12 billion [0].
They have amassed an endowment fund assets such as stock, which is currently >15 Billion and growing[1]. The exact assets are confidential, but this is a snapshot from 2017, when there it was closer to 10 billion under management [2]
> If they are non-profit, they do not make billions in profits. I suspect you mean revenue :)
Uhm, profit is a fact of accounting. Any increase in equity (or "net assets", or whatever other euphemism the accountant decides to use) on a balance sheet is profit. Revenue is something completely different.
Exec compensation is another thing, but also not a concern I am super sympathetic to given that for profit companies of similar magnitude generally pay their execs way more they just are not required to report it.