nonprofit organization
Charity with structure
A nonprofit organization is an entity that operates for purposes other than generating profit for owners or shareholders, such as charitable, educational, religious, or scientific goals.
Any surplus revenue is reinvested into the organization's mission rather than distributed to individuals.
Nonprofits typically enjoy tax-exempt status and may receive tax-deductible donations.
She volunteers at a nonprofit organization that provides meals to the elderly.
The term is often shortened to nonprofit.
- 501(c)(3)Nonprofit tax classification
- grantmakingDistributing charitable funds
- charityVoluntary aid for others
- good causeCharitable aim deserving support
- cooperativeJointly operated enterprise
philanthropy · mutual aid · charitable trust · foundation · annual report · social enterprise · grassroots · humanitarian aid · public benefit · advocacy · volunteerism · volunteer work · civil society · fundraising · gift shop · altruism · helping hand · tax exemption
nonprofit organizationprivate company
Business without public shareholders
private equity firm · proprietorship · hedge fund · venture capital firm
nonprofit organizationgrassroots movement
Citizen-led collective action campaign
profit, organized, organization, organizing, organizer, reorganize, nonprofit, reorganization, disorganize