What is the purpose of nonprofit organizations
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yuv876:
Non-profit organizations are formed for some idealistic purposes such as religious, charitable or providing education . Earning of profits can never be their aim.
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hlo✔
Nonprofits raise money but they spend it to further their mission, not to benefit the donors or founders. They are allowed to pay employees. Nonprofit purposes include feeding the homeless, managing an association of businesses and preaching the gospel. The IRS lists more than two dozen types of tax-exempt nonprofits..
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Answer:
Nonprofits raise money but they spend it to further their mission, not to benefit the donors or founders. They are allowed to pay employees. Nonprofit purposes include feeding the homeless, managing an association of businesses and preaching the gospel. The IRS lists more than two dozen types of tax-exempt nonprofits.
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