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 ?

It specialises in accounting, audit, and federal, state and local tax planning and compliance for privately-held businesses and not-for-profit organisations across all industries.

Accounting Firm Ostrow Reisin Berk and Abrams Joins Forces with Red Granite

NORTH East charity Changing Lives is celebrating after being announced as one of the Best Not-For-Profit organisations to work for in the UK.

Changing Lives charity celebrates Top 100 ranking

He said: "The sum of PS144 is an outrageous fee to charge to not-for-profit organisations genuinely trying to improve the lives of residents.

MP urges BT investigation

Gateshead College has been named among Britain's 100 Best Not-for-Profit Organisations to Work For, after its commitment to its employees achieved national recognition.

College named as one of best employers

It is the only college in the North East to make The Sunday Times Best Not-for-Profit Organisations to Work For 2012 survey and is one of 10 North East regional organisations to feature.

No-profit accolade for North college

Coast & Country is one of only two from the North-east to feature in the Sunday Times Top 100 Not-for-Profit Organisations to Work For.

Teesside firm bags top 100 spot

A NEW Teesside company is helping not-for-profit organisations all over the UK to raise their profiles and generate more revenue for free, thanks to the support of a Middlesbrough-based digital venture.

Not-for-profit organisations are helped to raise profiles

The firm offers specialist and technical expertise to owner-managed businesses and larger corporates, not-for-profit organisations, pension funds, professional practices and private clients.