Accountancy, asked by Delex1237, 1 year ago

What is the main source of income for non profit organisation

Answers

Answered by sujiritha95
1

Main source of income for non profit organisation are Donations , membership fees and entrance fees .

Donation received from public , sponsors , investors , members , government , companies etc .etc .

Answered by dreamrob
0

The main source of income for non profit organisation are Legacies, contributions, and subscriptions

  • Legacies, contributions, and subscriptions make up the bulk of a non-profit organization's funding. To further science, commerce, social causes, etc., a non-profit organisation is established.
  • Instead of making money, offering services is the major goal.
  • Money obtained as a result of a deceased person's death whose will specifies the transfer of a particular amount of income.
  • For some organisations, donations are their main revenue source. A set percentage of peoples' incomes is typically donated for an organization's benefit.
  • When a person subscribes for any activity in one of the many clubs established for society's welfare, that person is giving a non-profit organisation a small side income.

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