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 ?
Civica is a non-profit company and its goal is to stabilise the supply of generic medicines within hospitals, including through strategic stockpiling.
However, under Section 8 of the Companies Act 2013, Arani Master Weavers have created and registered a non-profit company Arani Handloom Silk Park and a MoU have been signed with the Government of Tamil Nadu in 2015.
The 57-year-old has set up a private, non-profit company called Wild Justice alongside two others, who launched a legal challenge to chance the laws around birds.
PEN, a non-profit company, works to provide education to underprivileged children across Pakistan.
Established in 2002, the non-profit company has over 125 manufacturer members.
Teach For Pakistan is an independent Section 42 non-profit company registered with the Securities and Exchange Commission of Pakistan with headquarters in Islamabad, Pakistan.
The non-profit company's assets are estimated at around $89.6 million and has 16 branches.
Summary: Non-profit company overseeing constructing gets clearance from UAE government for fundraising
6, 2018 (HealthDay News) -- A $3.4 million grant to help a non-profit company develop a less expensive opioid overdose antidote was announced by Purdue Pharma, which makes the opioid painkiller OxyContin.
A group of states sued the Trump administration Monday in federal court in Seattle to block its legal settlement allowing a small Texas non-profit company to publish instructions on the internet for making downloadable guns with 3-D printers.
NDRMF is non-profit company incorporated with the Securities and Exchange Commission of Pakistan (SECP), working for reducing socio-economic and fiscal vulnerability of the country and its population to natural hazards, climate change through financing investment in disaster risk reduction and preparedness that have high economic impacts.
Founded in September 2017, France-based non-profit company Unisoap has expanded to the UAE and set up a soap recycling facility in the International Humanitarian City in Dubai which officially opened on April 3, 2018.