non-profit organization

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Nonprofit Organization

An organization that operates as if it were a business but does not seek a profit. Common examples of nonprofits include charities, private schools, and think tanks. Nonprofits do not pay taxes; donations to many are tax-deductible, at least up to certain limits. In order to qualify for this status, however, a nonprofit must register with the IRS, under section 501(c) of the tax code. See also: 403(b).

non-profit organization

an organization which attempts to achieve an objective other than profit, for example, a charity.
References in periodicals archive ?
KPRA offers the necessary consultancy and support to the non-profit orgs in order to make them better able to make the society free of violence amid the current regional conditions," he pointed out.
Blige and Carole King to benefit four non-profit orgs.
To build such campaigns it has partnered with international aid agencies, special interest groups and other non-profit orgs to promote the pics and stimulate debate about the issues tackled in the films by using social media and other online tools.

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