Business Studies, asked by Hilal4296, 9 months ago

What are the main source of income of not for profit organisation?

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Answered by divya14321
1

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Main Sources of Nonprofit Income. In last week's post, we saw that major sources of nonprofit income for public charities include (from largest to smallest): Fees from private sources (also called program service fees) Government grants and contracts.Not-for-profit organizations are types of organizations that do not earn profits for its owners. ... In a non-profit organization, income is distributed to the group's members, directors, or officers.Nonprofit organizations return their income back to the organization if they generate extra income. Not-for-profits use their excess money to pay their members who do work for them. ... Nonprofits have volunteers or employees who do not receive any money from the organization's fundraising efforts.

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