The Charitable Sector

The charitable sector consists of organizations that work to improve society without aiming to make profits. These include charities, foundations, and non-profits focused on issues like health, education, poverty, and the environment. They rely on donations, grants, and volunteer support to carry out their missions. The sector plays a vital role in addressing social needs, advocating for change, and providing services that often complement government efforts. Unlike businesses, their primary goal is social impact rather than financial gain, and any surplus funds are reinvested to further their charitable objectives.