non-profits

Non-profits are organizations that operate for purposes other than making a profit. Instead of distributing earnings to owners or shareholders, they use any surplus funds to support their missions, which often focus on social, educational, charitable, or environmental goals. Non-profits can include charities, foundations, and community organizations. They typically rely on donations, grants, and volunteer support to function. While they can generate revenue through services or events, their main aim is to create positive change rather than accumulate wealth. Non-profits must adhere to specific regulations and often have tax-exempt status, allowing them to operate more effectively within their communities.