I’m guessing you’re being purposefully ironic. They could give most of that money away to hospitals for children, etc, and remain not for profit.
That’s right.
Little known fact: “Tax-exempt nonprofits often make money as a result of their activities and use it to cover expenses. In fact, this income can be essential to an organization’s survival. As long as a nonprofit’s activities are associated with the nonprofit’s purpose, any profit made from them isn’t taxable as “income.””