The Clinton Foundation reported a loss of more than $16 million in 2018, according to newly released tax records, marking the second consecutive year of losses since Hillary Clinton's humiliating defeat to President Donald J. Trump in 2016.

The foundation reported total revenue of just $30.7 million, including $24.2 million worth of grants and contributions, a record low for the alleged "charity." That figure was well short of the foundation's total expenses for the year—$47.5 million— resulting in a net loss of $16.8 million.

The previous year, the Clinton Foundation reported a net loss of $16.1 million. In total, the organization has lost a staggering $32.9 million since Hillary Clinton's lifelong quest for the presidency crumbled to dust in November 2016.