A nonprofit organization (abbreviated NPO, also not-for-profit) is an organization that does not distribute its surplus funds to owners or shareholders, but instead uses them to help pursue its goals. Examples of NPOs include charities (i.e. charitable organizations) , trade unions, and public arts organizations. Most governments and government agencies meet this...
Also known as:
- Not-for-profit,
- Non-Profit,
- Nonprofit Organization,
- Nonprofit,
- NPO,
- Non-profit organization