
NPO (Non-Profit Organizations)
Non-Profit Organizations (NPOs) are entities that operate to serve a specific social, educational, charitable, or community purpose without aiming to make a profit. Instead of distributing earnings to owners or shareholders, NPOs reinvest any surplus funds into their mission to benefit the public. They often rely on donations, grants, and volunteers to support their activities. Common examples include charities, educational institutions, and healthcare organizations. NPOs are committed to advancing their cause and are typically governed by a board to ensure accountability and transparency.