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).
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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 ?
Meanwhile, vulnerable pensioners are urged to use support services such as the Seniorline, a free confidential helpline for the elderly provided by not-for-profit agency Third Age.
The Association for Individual Development (AID) is a not-for-profit agency that empowers people with physical, developmental, intellectual and mental health challenges to enjoy lives of dignity and purpose.
ACT is a private, not-for-profit agency committed to serving victims of domestic violence, sexual assault and human trafficking.
In 1984, the Children's Trust Fund was created as a quasi-governmental not-for-profit agency with a mission of preventing the abuse and neglect of children.
The activist says several organisations have approached him so they can partner to establish a not-for-profit agency.
Mr Gruffydd added: "Plaid Cymru has long advocated a different approach, with options including a national not-for-profit agency for supply teaching."
Mr Gruffydd wants a not-for-profit agency to replace the agreement under which Cardiff-based New Directions Education Agency provides supply teachers to councils across Wales and in England.
DDI is a not-for-profit agency headquartered in Smithtown, NY, with more than 32 locations throughout Suffolk and Nassau Counties.
Urbana-Champaign Big Broadband (UC2B) is a not-for-profit agency that supports the development of high speed broadband in the Urbana-Champaign area.
The BIC, a not-for-profit agency based in Sunderland, has been running since 1994, since when it has helped more than 3,000 businesses which have created around 7,500 jobs.
Muscat: Oman Cancer Association, the leading not-for-profit agency working to assist cancer patients in Oman, recently held a special event, entitled Future of Care, focusing on hospital care for children in the Sultanate.