The funny thing is the verdict is "mostly false", yet it confirms everything I said. The $6M figure is here https://en.wikipedia.org/wiki/Locks_of_Love#Criticisms
This is how Snopes generally operates – create a disingenuous headline, debunk it in a big blocky font at the top but then lay out the facts that don't coincide with the headline in the article. They know most people only read the headline and then disseminate whatever is in it.
From the article: However, a number of factors were elided in that report. The value of donated hair when applied to actual hairpieces provided to children relied on a projection, not actual processing and manufacturing costs...92% of the charity’s expenses allocated to program costs. Less than 7% of expenses went to administrative costs and salaries, and CEO Linda Borum’s most recently listed salary (for fiscal year 2015) was a modest $64,866.
Additionally if LOL charged patients in the past they claim to not do so now in their FAQ.