non-profit organization

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Also found in: Acronyms.

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 ?
A non-profit agency collected the working items for reuse.
Miller has found a fun way to use his airplane -- flying humanitarian missions for this non-profit agency. He has completed 29 missions to date, shuttling cancer patients and others from remote areas to medical facilities for treatment.
At Native Counselling Services, a non-profit agency, that work takes place in the areas of restorative justice, social programming and community development.
The three pieces on the wall were gifts from Revacomm's largest client, non-profit agency Pacific Resource for Education and Learning.
The parts that will likely be of most concern to a non-profit agency will be Part 1 and Part 2.
The Cotton Board, a quasi-government, non-profit agency based in Memphis, Tenn., disburses all of the assessed funds directly to Cotton Incorporated, which appropriates about 60 percent of it to advertising and 40 percent to research and development of U.S.
Any private, non-profit agency providing transportation services to the elderly for persons with disabilities may apply for a grant.
Brodell said no one on the city council had a problem with donating the land, which is now a soybean field, to the non-profit agency, Crowley's Ridge Development Council Inc.
On further appeal, Texas VOA argued that it qualified for an exemption because, although the dissolution clause in its articles of incorporation allowed for the transfer of the property to HUD, a regulatory agreement between HUD and Texas VOA allowed HUD to then transfer the property to another non-profit agency designated by Texas VOA or HUD.
The non-profit agency, formerly headquartered in New York City, administers and coordinates the U.S.
This process demonstrated the possibility of enabling multiple stakeholders, ranging from non-profit agency providers to medical professionals to the consumers of these services, to work together to solve, by consensus, a complex set of problems.