Nonprofit Organizations (NPOs)

Nonprofit organizations (NPOs) are entities that operate for purposes other than making a profit. They focus on social, charitable, educational, religious, or community goals. Instead of distributing profits to owners or shareholders, NPOs reinvest any surplus funds back into their missions to serve the public or specific causes. They rely on donations, grants, and volunteer efforts to sustain their activities, often working to address social issues, provide services, or support those in need. Examples include charities, foundations, and advocacy groups aimed at improving lives and communities.