social purpose organizations

Social Purpose Organizations (SPOs) are entities that aim to address social issues or promote a public good while generating revenue. Unlike traditional businesses focused solely on profit, SPOs prioritize social impact alongside financial sustainability. They may operate as non-profits, for-profits, or hybrid models, and often tackle challenges like poverty, education, health, or environmental sustainability. By integrating social missions into their operations, SPOs contribute to positive change in communities while remaining economically viable, ultimately seeking both social and financial objectives.