Nonprofit organization topic
Also known as
- Not-for-profit,
- Non-Profit,
- Nonprofit Organization,
- Nonprofit,
- NPO,
- Non-profit organization
A non-profit organization (abbreviated NPO, also not-for-profit) is a legally constituted organization whose objective is to support or engage in activities of public or private interest without any external commercial or monetary profit.
Whereas profit-making corporations exist under the premise of earning and distributing taxable business earnings to shareholders, the non-profit organization exists primarily to provide programs and services that are of benefit to others and might not be...
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