non-profit

A non-profit organization is an entity that uses its revenue to support its mission rather than to generate profit for owners or shareholders. Its primary goal is to benefit the public or a specific cause, such as education, health, or environmental protection. Any surplus funds are reinvested into the organization's programs and initiatives. Non-profits often rely on donations, grants, and volunteers, and they typically enjoy certain tax advantages. They are held accountable to transparency and community service standards, with leadership focused on advancing their mission rather than shareholder profit.