Yes, in as much as we aren't formally a non-profit organisation or charity but we have a team and we don't make any money off it. It was touch-and-go for a while as the instance only had one Admin, which always makes it precarious, and they went AWOL. So we assembled a team.to.replace him, tried to get in touch and then had a new instance rolled on a new server. At the last minute he got in touch and handed everything over to us (data and domain) so we were able to keep the lights on.

Our first financial report is here. We have already raised enough that the instance is solid and will be around as long as people want it. As the money all goes through Open Collective, I could spontaneously combust tomorrow and the bills would still get paid.

Lemmy.ca went one better and have done all the paperwork.