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 ?
AbilityOne Commission signed a Cooperative Agreement with National Industries for the Blind (NIB) today, fulfilling the requirement of the Consolidated Appropriations Act, 2016, to establish a written agreement between the Commission and NIB, an AbilityOne central nonprofit agency.
108-136) applies to any contract entered into before November 24, 2003, and in effect on that date, with a nonprofit agency for the blind or an agency for other severely handicapped in compliance with section 3 of the JWOD Act, for the operation of a military mess hall, troop dining facility, or any similar dining facility operated for the purpose of providing meals to members of the Armed Forces.
Ford is executive director of Gregory House, an Oahu-based nonprofit agency that provides services and rental assistance to homeless, HIV-positive people, including their children born with the virus.
Junior Republic, a nonprofit agency specializing in programs for troubled adolescents, rented 1,308 SF for offices at 211 State St.
In the 1990's, the idea of a nonprofit agency being viewed as a mission-based business is as commonplace as is the idea of people with disabilities engaging in community-based employment.
Most JWOD employees were unemployed or underemployed before their referral to the program; 76 percent were not working full time before entering a JWOD nonprofit agency.
The major nonprofit agency offering compassionate end-of-life care, grief support and community education in Middle Tennessee, Alive Hospice, is looking to build a free-standing hospice facility in Murfreesboro.

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