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Charities, as NFPOs, function under the premise that any revenue generated should be used to further their charitable missions rather than distribute profits among members. This revenue might come from donations, fundraising, or other activities undertaken to support their charitable cause.
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as an NPO must be, and NFPOs are considered "recreational organizations", meaning that they do not operate with the goal of generating revenue as opposed to NPOs.
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that does not distribute surplus funds to its members and is formed to fulfill specific objectives. An NFPO does not earn profit for its owners, as any
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status as an organization that serves its members and does not have the goal of generating profit. An example of this is a
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An NFPO does not have the same obligation as an NPO to serve the public good, and as such it may be used to apply for
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These organizations typically file for tax exemption in the United States under section 501(c)(7) of the
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as social clubs. Common ventures for which NFPOs are established include:
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297:"Nonprofit, Not-for Profit & For-Profit Organizations Explained"
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generated by its activities must be put back into the organization.
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Non-profit organizations and access to public information
390:"Non-Profit vs. Not-for-Profit: What's the Difference?"
359:"Nonprofit vs. not-for-profit: How to tell them apart"
328:"Differences Between Nonprofit and Not For Profit"
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326:Associates, Ashcroft & (24 September 2015).
60:The examples and perspective in this article
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98:Learn how and when to remove this message
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133:While not-for-profit organizations and
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145:Functions
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