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No, as Rachel said "We are a legal and legitimate Tax Exempt Corporation", which in the US means that a legal entity was incorporated as a subchapter "S" corporation, a non-profit organization.
This was necessary to open a bank account, purchase equipment and report revenue to the taxing authorities. If anything, this makes things more difficult for some who would want the community shutdown. Perhaps Rachel can make this statement a bit clearer.
To maintain tax exempt status, there are very strict legal requirements, one of which is that the entity is not allowed to make a profit, but can raise money, do research and development, etc.