I mean, if you want to argue it's a Non Profit, not a business, go ahead, but I'm not particularly interested in fitting modern tax code and business rules to an entity that has existed for 1500 years.
The organization has existed and has had a need to find funding for it's activities. Since the question was about 'state' run entities, the goal of "making a profit" seemed not particular salient.
Honestly, I thought the more contentious part of this claim was going to be if the Church of Sinai constituted a state.