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).
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

non-profit organization

an organization which attempts to achieve an objective other than profit, for example, a charity.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
References in periodicals archive ?
data released by the Swedish non-profit group indicates.
Kate Ganim is the co-founder of KidMob, the non-profit group that organised this project in partnership with California-based 3D software firm, Autodesk.
The independent non-profit group then distributes that money to some 110,000 accounts of recording artists and rights owners.
Also, the BIR said, trustees of a non-profit group should not be receiving any compensation or remuneration to keep the organization's tax-exempt status.
A community non-profit group is purchasing Memorial Hall in downtown St.
The tests were carried out by the Insurance Institute for Highway Safety (IIHS), a non-profit group funded by the insurance industry.
The tenants are demanding that the bank make repairs to the complex, which currently has 1,538 building code violations, after it declined an $8 million bid from non-profit group Mutual Housing Association of New York York Management to buy the properties.
The exhibition is being organized by the non-profit group No Longer Empty (NLE) whose mission is to introduce art to a wider public by temporarily transforming vacant spaces throughout the city.
They will work with US non-profit group CyArk over the next five years to electronically map 500 Unesco World Heritage sites.
TELECOMWORLDWIRE-14 August 2009-Intel, Dell and Fujitsu join non-profit group Connected Nation(C)1994-2009 M2 COMMUNICATIONS http://www.m2.com
Chairman of the non-profit group Michael Sharman said "We have seen playschemes come and go; just as children have become settled and happy, the money has been whipped away, leaving children disappointed.
Dioguardi had been the chief executive of ONE, the non-profit group working to raise awareness of global poverty during the 2008 election.