non-profit law

Non-profit law governs organizations that operate for public or social benefits rather than private profit. It sets rules for forming, managing, and maintaining tax-exempt status (like 501(c)(3) in the U.S.). This law requires transparency, proper financial handling, and adherence to mission-focused activities, ensuring funds are used appropriately. Non-profits must file regular reports, avoid private benefit, and operate within their stated purpose. Overall, it provides a legal framework that supports accountability and public trust in organizations dedicated to charitable, educational, or social causes.