Nonprofit organization

A nonprofit organization (NPO), also known as a nonbusiness entity, nonprofit institution, not-for-profit organization (NFPO), or simply a nonprofit, is a non-governmental legal entity that operates for a collective, public, or social benefit, rather than to generate profit for private owners. Nonprofit organisations are subject to a non-distribution constraint, meaning that any revenue exceeding expenses must be used to further the organization’s purpose. Depending on local laws, nonprofits may include charities, political organizations, schools, hospitals, business associations, churches, foundations, social clubs, and cooperatives.

Extends: [Non-profit organizations](https://wikipedia.org.ai/Non-profit organizations), [Types of organization](https://wikipedia.org.ai/Types of organization), [Trade unions](https://wikipedia.org.ai/Trade unions), [Social economy](https://wikipedia.org.ai/Social economy), [Nonprofit businesspeople](https://wikipedia.org.ai/Nonprofit businesspeople)