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 ?
In January 2014, the net flow of credit to individuals and private non-profit institutions was negative, amounting to EUR 306 million, (January 2013: negative net flow of EUR 392 million) and its annual growth rate stood at -3.
The Fund will enable qualifying non-profit institutions to take advantage of the professional skills of a search firm at a time when the need for strong leadership is more important than ever.
In December 2012, the net flow of credit to individuals and private non-profit institutions was negative, amounting to EUR 85 million (December 2011: negative net flow of EUR 324 million), and the annual growth rate of credit to individuals and private non-profit institutions stood at -3.
BankAnnapolis contributes financial, in-kind and volunteer assistance to numerous non-profit institutions and organizations that assist people in need and enhance the quality of life in the Greater Annapolis community.
In July 2012, the net flow of credit to individuals and private non-profit institutions was negative, amounting to EUR 459 million (July 2011: negative net flow of EUR 497 million).
1 million was awarded to 16 California non-profit institutions to train 169 stem cell researchers.
In June 2012, the net flow of credit to individuals and private non-profit institutions was negative, amounting to EUR 265 million (June 2011: negative net flow of EUR 249 million).
The CASEnergy Coalition is funded by the Nuclear Energy Institute, and membership is open to individuals, corporations, and non-profit institutions.
We believe the Southwest will continue to grow rapidly in the next decade and we look forward to serving the region's governments and non-profit institutions.
Headquartered in New York with offices in more than 65 cities in over 25 countries, Kroll has a multidisciplinary corps of approximately 3,900 employees and serves a global clientele of law firms, financial institutions, corporations, non-profit institutions, government agencies, and individuals.
In addition they provide fixed income investment products and advisory services to public and private sector clients and non-profit institutions.
Summers also writes a monthly column for The Financial Times, sits on the board of a number of non-profit institutions, and serves on several public policy advisory committees.