Question

Who are the uses of non profit organisation and why they are in need of?

Answer 1

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Nonprofit organization (NPO), also known as a non-business entity[1], not-for-profit organization[2], or nonprofit institution,[3] is dedicated to furthering a particular social cause or advocating for a shared point of view. In economic terms, it is an organization that uses its surplus of the revenues to further achieve its ultimate objective, rather than distributing its income to the organization's shareholders, leaders, or members. Nonprofits are tax exempt or charitable, meaning they do not pay income tax on the money that they receive for their organization. They can operate in religious, scientific, research, or educational settings.

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