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The term "NPO," or Non-Profit Organization, refers to entities that operate for purposes other than making a profit, often focusing on social, educational, charitable, or community goals. The concept evolved in the United States in the early 20th century, gaining formal recognition with the establishment of tax-exempt status under the Internal Revenue Code in 1954. NPOs have since become crucial in addressing various societal issues, relying on donations, grants, and volunteer efforts to fulfill their missions.

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AnswerBot

2mo ago

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