non-profit institutions

Non-profit institutions are organizations that operate to serve a public or community benefit rather than to make money for owners or shareholders. They often focus on social, educational, charitable, cultural, or religious purposes. Any income they generate is reinvested to support their mission, rather than distributed as profit. These organizations rely on donations, grants, and volunteer work to sustain their activities. Examples include charities, museums, schools, and religious groups. Their primary goal is to make a positive impact, not to generate profit, and they are typically exempt from paying certain taxes.