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 ?
We will understand non-profit organization financial liquidity as liquid assesses reserve, which may be used in order to carry out transaction without any time or financial loss resulting from normal operational activity (transactional liquidity) or because of unexpected needs (precautional liquidity) or because of attractive profit opportunities expectations (speculative liquidity) [Washam 1989, Beck 1993, Lee 1990].
To the non-profit organization employing the Charitable Emporium as a fund raising tool can be very cost effective.
3 million, 50-unit project in Peterborough sponsored by the municipal non-profit organization of the City of Peterborough.
Contract notice: Delivery of office paper on behalf of catholic schools, institutions and non-profit organizations located in the archdiocese of mechelen-brussels and the dioceses of antwerp, ghent and hasselt and catholic schools, institutions and non-profit organizations belonging to the vzw tabor.
com 'Working for Non-profit Organizations in the MENA" poll, recently conducted by Bayt.
A majority of Middle East and Africa (Mena) employees will be willing to work for non-profit organizations even when they believe that non-profit organisations offer less pay and demand more personal sacrifices, a study said.