A "non-profit" corporation is one not designed primarily to pay dividends on invested capital [Bl]
A non-profit organization is one which is not run with the aim of making a profit. Her center is typical of many across the country -- a non-profit organization that cares for about 50 children. a non-profit organization uses the money it earns to help people instead of making a profit
As applied to any private entity, no part of the net earnings of such entity accrues or may lawfully accrue to the benefit of any private shareholder or individual
may refer to an organization or the entire sector Non-profit means not conducted or maintained for the purpose of making a profit Instead, it operates to serve a public good Any net earnings by a non-profit organization are used by the organization for the purposes of which it was established As an entire sector, non-profits include hospitals, universities, trade organizations, voluntary associations and religious organizations