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Nonprofit organization

Nonprofit organization

Organization that uses its income to achieve its goals rather than distributing it as profit or dividends.

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Contents

Is a
Industry
Industry

Industry attributes

Parent Industry
‌
Religious, Grantmaking, Civic, Professional, and Similar Organizations

Other attributes

Country
Malaysia
Malaysia
Canada
Canada
Industry
‌
Voluntary sector
Related Industries
‌
Voluntary sector
Short Name
NPO
nope
Wikidata ID
Q163740

A nonprofit, or not-for-profit, organization is an organization who's primary drive is not monetary. A nonprofit organization generates income through its activities, or through charitable donations, and uses any surplus of capital to invest back into achieving the organizations vision. A simple explanation of what nonprofit organizations do is to think of them engaging in activities as if they were normal people doing things that are not profit seeking, such as painting, cleaning their room, or volunteering at a homeless shelter.

Nonprofit organizations typically dedicate themselves to promoting a certain world view or to furthering a specific social cause. Examples of nonprofit organizations include: The Salvation Army, The American Legion, YMCA, Boy Scouts of America, AARP, Habitat for Humanity, Mozilla Foundation, and the National Rifle Association (NRA).

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