third sector

The third sector refers to organizations that operate independently of government and private businesses to serve community needs. These include charities, non-profits, social enterprises, and community groups that focus on social, environmental, or cultural objectives. Unlike government agencies, they rely on donations, grants, and volunteers rather than public funding or profits. The third sector plays a vital role in providing services, advocating for social issues, and creating social value, often filling gaps left by the public and private sectors. It’s a key part of a balanced society, working to improve community well-being.