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Service For The Love of God, Inc. |
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A non-profit organization (sometimes abbreviated to
"not-for-profit," "non-profit" or "NPO") is an organization whose primary
objective is to support some issue or matter of private interest or public
concern for non-commercial purposes. Non-profits may be involved in an
innumerable range of areas relating to the arts, charities, education,
politics, religion, research, or some other endeavor.
Although non-profits do not operate to generate profit, they still need to
generate revenue in order to finance their activities. However, the extent
to which non-profits may generate income may be constrained, or the use of
such income may be restricted. Non-profits are therefore typically funded
by donations from the private or public sector. Private donations may
sometimes be tax deductible.
A charity is a type of non-profit organization, and some non-governmental
organizations may also be non-profit organizations.
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