nonprofit

4 definitions • 5 examples

not established to make a profit:

nonprofit organizations

an organization whose most important goal is something that does not involve making a profit:

We can help by making donations to nonprofits that serve the homeless.

not aiming to make a profit, but working to help people or to achieve an improvement in something:

a nonprofit agency/corporation/organization It is now a world-wide non-profit organisation whose mission is to help business become sustainable.

a nonprofit program/research This is a nonprofit program that encourages disadvantaged students to stay in school.

an organization that does not aim to make a profit, but works to help people or to achieve an improvement in something:

Donations are tax-deductible because it is a federally approved nonprofit.