Question

what is basic concept of non-profit organization​

Answer 1

non - profit organization..

• Nonprofits are text exempt or charitable meaning the do not pay income tax on the money that they receive for their organization.they can operate in religious, scientific, research or educational setting.

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Answer 2

Answer:

A nonprofit organization, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners.