Search results
An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt , and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a ...
Mar 3, 2024 · A nonprofit organization is an entity that is created and operated for charitable or socially beneficial purposes rather than to make a profit. A nonprofit might serve religious, scientific,...
- Will Kenton
May 2, 2024 · Nonprofit organization, an organization, typically dedicated to pursuing mission-oriented goals through the collective actions of citizens, that is not formed and organized so as to generate a profit. In the United States a nonprofit organization is legally delineated from firms in the for-profit.
- Renee Irvin
Jan 30, 2023 · What is a Nonprofit Organization? A nonprofit organization or foundation (NPO), also known as a non-business entity, not-for-profit organization, or nonprofit institution, is dedicated to furthering a particular social cause or advocating for a shared point of view.
Feb 1, 2023 · A nonprofit organization is an entity formed to meet a specific tax-exempt purpose aimed at benefiting the public, a specific group of individuals or the membership of the nonprofit.
Though may be different in size and form, nonprofit organizations share five common characteristics: 1. they are organized, 2. private (separate from the government) 3. self-governing, 4. non-profit-distributing and 5. voluntary.
A not-for-profit or non-for-profit organization ( NFPO) is a legal entity that does not distribute surplus funds to its members and is formed to fulfill specific objectives. [1] . An NFPO does not earn profit for its owners, as any revenue generated by its activities must be put back into the organization. [2]
