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That would be an organization that doesn't profit.
It will normally be a charity of some description, they use the term 'non-profit' organization to show that they aren't just keeping donated money for themselves.
What else can I help you with?
What is a nonprofit organizations purpose?
The purpose of a non profit will be different for every non profit.
What is a non-profit or a not-for-profit organisation?
It is an organization that exists to serve a purpose as opposed to make money.
What is The difference between a non-profit and for-profit?
The difference is the IRS designation and the intent. Non profits exist to serve a purpose. Business exists to make money, though they also may serve a purpose.
Are schools considered non-profit organizations?
Yes, schools are typically considered non-profit organizations because their primary purpose is to provide education rather than generate profit.
What is the purpose of community organization?
To promulgate the organisation's interest whether those are profit or non profit making interests.
What is a non profit or a not for profit organisation?
It is an agency that exists to serve a purpose in the community, rather than to make money.
Can a non-profit organization declare profit?
Yes. The intent is not to avoid profit; the intent is to serve a purpose. Profits are retained by the organization as opposed to being paid out to the owner in a for profit.
What is non trading concern?
An legal and accounting organization which serves the whole community there purpose is non profit earning.
Are public high schools non-profit institutions?
Yes, public high schools are typically non-profit institutions, meaning they are not operated for the purpose of making a profit but rather to provide education and services to students in the community.
Doese non profit really mean non profit?
No. It means the agency exists to serve a purpose and has tax exempt status, meaning the agency may be exempt from paying certain taxes.
Describe the purpose of communication in business?
To promulgate the organisation's interest whether those are profit or non profit making interests.
Is a school considered a non-profit organization?
Yes, a school is typically considered a non-profit organization because its primary purpose is to provide education rather than generate profits for owners or shareholders.
