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What Is A Non Profit Organisation?

Business : Starting Up In Business

A non-profit company (also called not-for-profit) is exactly that - one which does not have its' goal as being to make profit.

A typical example would be a charity where all the moneys are invested in helping people, typically the less well off. Non-profit organisations are often funded entirely by voluntary donations.

There tend to be tax breaks and other benefits afforded to those with charitable status.

By: Stephen

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