What is non-profit organization?

A nonprofit organization is an organization or business that dedicates their efforts to broadening a particular social cause or supporting a shared view point. An organization that uses its spare of the proceeds to achieve a social objective. Nonprofits organizations are tax exempt or charitable, which means they are exempt from paying federal income taxes on funds they receive for the organization. Most non-profit organizations operate in religious, scientific, research, or educational settings. Non-profits focus on their mission and gain support from the general public and the community. They are held responsible by donors, funders, volunteers and the public community.