The National Rifle Association (NRA) grew its assets and cut its expenses, especially legal costs, in 2025, but its membership income still shrank.
A copy of the group’s 2025 Annual Report, which details the combined finances of the NRA’s seven related legal entities, shows that it saw modest year-over-year growth in overall assets combined with a 16.8 percent decline in liabilities to produce a 13.7 percent improvement to $257,023,32 in total net assets. The report, handed out at the group’s annual meeting and obtained by The Reload, indicates the overall improvements came despite a 7.2 percent drop in member dues and an 18.7 percent decline in contributions, leading to a 13.6 percent drop in overall revenue.
The most significant expense cuts came to the group’s administrative legal spending after its New York corruption concluded, and the law firm that formulated its defense, a common target of the reformers who’ve taken control of the NRA, ended its representation of the group.
Read the full article: https://thereload.com/nra-slashed-legal-costs-stalled-decline-despite-continued-member-dues-drop/
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