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.
Questions about charity: