释义 |
nonprofit organization ThesaurusNoun | 1. | nonprofit organization - an organization chartered for other than profit-making activitiesnonprofit, not-for-profitorganization, organisation - the act of organizing a business or an activity related to a business; "he was brought in to supervise the organization of a new department" |
LegalSeeNonprofitNonprofit Organization
Nonprofit OrganizationAn organization that operates as if it were a business but does not seek a profit. Common examples of nonprofits include charities, private schools, and think tanks. Nonprofits do not pay taxes; donations to many are tax-deductible, at least up to certain limits. In order to qualify for this status, however, a nonprofit must register with the IRS, under section 501(c) of the tax code. See also: 403(b).nonprofit organization
Synonyms for nonprofit organizationnoun an organization chartered for other than profit-making activitiesSynonymsRelated Words |