Question

स्टेट एनी फोर पिक्चर ऑफ non-profit ऑर्गेनाइजेशन​

Answer 1

Answer:

nonprofit organization is a business that has been granted tax-exempt status by the Internal Revenue Service (IRS) because it furthers a social cause and provides a public benefit. Donations made to a nonprofit organization are typically tax-deductible to individuals and businesses that make them, and the nonprofit itself pays no tax on the received donations or on any other money earned through fundraising activities. Nonprofit organizations are sometimes called NPOs or 501(c)(3) organizations based on the section of the tax code that permits them to operate.

Answer 2

The important Features of non -profit organization are as follows:

(i)Its main features is to serve society.

(ii)It considers a separate legal entity.

(iii)It depends upon the active assistance of the volunteers.

(iv)It does not aims at earning profit.

(v)It run and managed by elected members.

(vi)Its major source of income from subscription, donations, government grants etc.

(vii)The surplus generated in the due course, is distributed among it's members.

(viii)They do not normally engaged in trading activities.

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