Image for Non-profit sectors

Non-profit sectors

The non-profit sector consists of organizations that serve public or social causes rather than making profits for owners or shareholders. They include charities, educational institutions, hospitals, and advocacy groups. These organizations rely on donations, grants, and volunteers to fund their missions, such as helping the vulnerable, promoting education, or protecting the environment. Their primary goal is to create social value and address community needs, not generate profits. Profits, if any, are reinvested into their programs rather than distributed to owners, emphasizing their commitment to their causes.