Non Profit Organization

Company Overview

A non-profit organization in the United States is a company that operates with a mission to address social, environmental, or community needs, rather than to generate profits for shareholders. Such organizations are exempt from federal income taxes and are not intended to benefit any individual or group of individuals. They rely on support from individuals and other organizations to fund their programs and services. Non-profit organizations in the US are held to strict legal and ethical standards to ensure transparency and accountability, and they must regularly file financial reports with government bodies. Examples of non-profit organizations in the US include charities, religious organizations, educational institutions, and advocacy groups.