Rev. Al Sharpton has made his fair share of allegations against President Donald Trump — but it looks like it is Sharpton himself who should be investigated.
According to the most recent tax filings, Sharpton’s charity, National Action Network (NAN), paid him more than $1 million in salary and bonuses in 2018, the New York Post reports.
Sharpton’s charity seems to be nothing but a cash register for him to tap into whenever he needs some cash. Sharpton says the money is well-deserved because “it’s a six-day-a-week job and several hours a day.”
With “several” usually translating to three or more, we will give Sharpton the benefit of the doubt and say he is working a massive four-hour workday.
Working the numbers, his $1,046,948 salary would equate to $838.90 per hour for the reverend at such a rate. But what is Sharpton doing for the charity to justify almost $900 per hour?
Sharpton’s salary is especially jarring considering the fact that NAN pulled in about $7.3 million in donations last year. That means that Sharpton alone is raking in close to 15% of the donations the organization receives.
Sharpton’s base salary for the year was $324,000, which was significantly higher than his 2017 salary — roughly 32%, to be exact.
In addition to his base salary, Sharpton got a $159,596 bonus and another $563,352 as “other compensation.”
Sharpton, however, sees nothing wrong with taking all this money from his own charity, which usually brings in less than $10 million a year.
According to Sharpton, when the charity looked at other leaders of charities, his compensation was less than most, so he bumped up his own pay.
If Sharpton were collecting $250,000 a year, it probably would not turn too many heads. What is bothering people are the rather significant bonuses and of course the “other compensation” category, which has not been defined to this point.
All the while, Sharpton still has an outstanding tax debt with the IRS of almost $700,000. What gives?