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  1. A nonprofit organization (NPO) or non-profit organization, also known as a non-business entity, or nonprofit institution, and often referred to simply as a non-profit (not followed by a noun), is a legal entity organized and operated for a collective, public or social benefit, as opposed to an entity that operates as a business aiming to generate a profit for its owners.
    en.wikipedia.org/wiki/Nonprofit_organization
    A not-for-profit or non-for-profit organization (NFPO) is a legal entity that does not distribute surplus funds to its members and is formed to fulfill specific objectives. An NFPO does not earn profit for its owners, as any revenue generated by its activities must be put back into the organization.
    en.wikipedia.org/wiki/Not-for-profit_organization
     
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    Mar 3, 2024 · A nonprofit organization is a legal entity that is formed and operated for charitable or socially beneficial purposes rather than to make a profit.

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