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 ?
Mopria is a non-profit group of major printer makers like Canon, HP, Samsung and Xerox that have agreed to provide one mobile printer standard.
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.
TELECOMWORLDWIRE-14 August 2009-Intel, Dell and Fujitsu join non-profit group Connected Nation(C)1994-2009 M2 COMMUNICATIONS http://www.
Patterson said that any non-profit group receiving the funds is solely responsible for paying them back and that municipalities aren't liable for the debt.
The property has also been designated an Energy Star-labeled home by CSG, a non-profit group that provides certification services for both LEED for Homes and the Environmental Protection Agency (EPA's) Energy Star Homes programs in the Northeast.
FIRST, an acronym of For Inspiration and Recognition of Science and Technology, is a non-profit group.
has teamed with a non-profit group to distribute water purification systems in the Dominican Republic in a continued effort to help eliminate disease in poorer countries.
The non-profit group received approval from its board to begin negotiations with the company at a meeting June 23.
That's because the non-profit group Californians Against Waste Is lobbying for a two-cent fee on the flimsy plastic sacks.
That changed when a non-profit group calling itself the Foundation for Individual Rights in Education, or FIRE (www.
The 22-year-old from Yokohama, with his parents' support, enrolled in the New Zealand chapter of the International Columbus Academy, a non-profit group designed to help troubled Japanese teenagers.