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- Dictionarynon-profit/nɒnˈprɒfɪt/
adjective
- 1. not making or conducted primarily to make a profit: "charities and other non-profit organizations"
noun
- 1. a non-profit organization: North American "I spent the next six years working for small non-profits"
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A nonprofit organization (NPO), also known as a nonbusiness entity or nonprofit institution, and casually referred to simply as a nonprofit (using the adjective as a noun), is a legal entity organized and operated for a collective, public or social benefit, as opposed to an entity that operates as a business aiming to generate a profit for its ...
NON-PROFIT definition: 1. not intended to make a profit, but to make money for a social or political purpose or to provide…. Learn more.
The term “nonprofit” means different things to many different people. It’s a commonly used word without a common understanding between writer and reader. People often use the words “nonprofit” and “tax exempt” interchangeably.
Jun 14, 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.
Mar 3, 2024 · A nonprofit organization is a legal entity that is formed and operated for charitable or socially beneficial purposes rather than to make a profit.
NONPROFIT definition: 1. not established to make a profit: 2. an organization whose most important goal is something…. Learn more.
The meaning of NONPROFIT is not conducted or maintained for the purpose of making a profit. How to use nonprofit in a sentence.
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.
NON-PROFIT meaning: 1. not intended to make a profit, but to make money for a social or political purpose or to provide…. Learn more.
Jan 30, 2023 · 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.
