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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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146:, which exists for the enjoyment of its members and thus would function well as an NFPO, with revenue being re-invested into improving the organization.
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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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286:"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
379:"Non-Profit vs. Not-for-Profit: What's the Difference?"
348:"Nonprofit vs. not-for-profit: How to tell them apart"
317:"Differences Between Nonprofit and Not For Profit"
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315:Associates, Ashcroft & (24 September 2015).
49:The examples and perspective in this article
229:Nonprofit organization laws by jurisdiction
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87:Learn how and when to remove this message
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122:While not-for-profit organizations and
31:Legal entity that retains surplus funds
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157:Charities
134:Functions
65:talk page
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187:See also
175:Churches
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