As a non-profit, VDare is required to file annual financial reports with the IRS. VDare’s 2017 report is available directly from the IRS website.
https://apps.irs.gov/pub/epostcard/cor/223691487_201712_990_2019022816132630.pdf
All of the organization’s reports have been collected by ProPublica, and are available at:
https://projects.propublica.org/nonprofits/organizations/223691487
These reports show a small organization struggling to raise enough money to cover expenses – and mostly failing. VDare’s net assets were small and dropping:
2017: $163,982
2016: $178,813
2015: $335,318
2014: $650,044
2013: $1,047,395
2012: $1,522,319
2011: $127,763
Aside from one good year (2012, when they raised $1.8 million), revenues never exceeded $500,000, and the 2012 money was almost entirely spent. So how was VDare able to close on a $1.4 million cash real estate deal? As recently as Dec. 10, 2019, the site was struggling to raise $200,000 to fund its website publishing
https://vdare.com/posts/help-us-raise-200-000-to-fund-high-impact-america-first-journalism-in-2020
while hailing its previous haul of $100,000 in its last year-end campaign.
VDare has been silent on the source of its $1.4 million for the castle purchase, begging the question of who really bought the castle. It’s reasonable to assume that whoever put up the cash will have a large say in how the castle is used, and by whom.
It is also reasonable to assume that the purchase of the Berkeley Springs real estate represents a marked shift in the group’s activities, and was not part of their routine, money-losing business. One thing is clear: the attempt by VDare and the Morgan Messenger to present the smiling Brimelow family as the owners of the castle is an attempt to obscure the true owners: VDare and whoever gave them the money.