An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. ( Learn how and when to remove this template message)Ī nonprofit organization ( NPO) or non-profit organisation, also known as a non-business entity, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrary with an entity that operates as a business aiming to generate a profit for its owners. ( July 2022) ( Learn how and when to remove this template message)
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The examples and perspective in this article deal primarily with the United States and do not represent a worldwide view of the subject.
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