NPOs (Non-Profit Organizations)

Non-Profit Organizations (NPOs) are groups that operate to serve a social cause rather than to make a profit for owners or shareholders. They focus on missions such as education, health, community service, or environmental protection. NPOs rely on donations, grants, and volunteers to support their activities. Any surplus income is reinvested into the organization to further its goals rather than being distributed as profit. NPOs are often exempt from certain taxes, which helps them allocate more resources to their charitable missions. Examples include charities, foundations, and advocacy groups.