The one common condition is not paying out profits (“no part of the organization’s net earnings can inure to the benefit of any private shareholder or individual”); hence the term, “nonprofit.”

According to the National Center for Charitable Statistics (NCCS), there are more than 1.5 million nonprofit organizations registered in the United States, including public charities, private foundations, …

Jan 25, 2026 · Organizations that are organized and operated exclusively for religious, charitable, scientific, testing for public safety, literary, educational or other specified purposes. Churches and …

"Nonprofit corporation" means a corporation no part of the income of which is distributable to members, directors, or officers [BOC, Section 22.001 (5)]. A nonprofit corporation may be created for any lawful …

Feb 27, 2025 · What Is a Nonprofit Organization (NPO)? A nonprofit organization is an entity that is created and operated for charitable or socially beneficial purposes rather than to make a profit.

Aug 29, 2025 · What Is a Nonprofit? A nonprofit is an organization that exists to benefit the public, its members or other beneficiaries.

Dec 7, 2025 · A nonprofit organization is a legally structured entity that operates to serve a collective, public, or social benefit, rather than generating profit for private owners.

Jan 1, 2025 · Discover what a nonprofit is, how it operates, and the different 501 (c) classifications. Learn about tax-exempt status, nonprofit types, and how these organizations serve communities.

Jan 21, 2026 · nonprofit organization, an organization, typically dedicated to pursuing mission-oriented goals through the collective actions of citizens, that is not formed and organized so as to generate a …

The meaning of NONPROFIT is not conducted or maintained for the purpose of making a profit. How to use nonprofit in a sentence.