adjective
- not conducted or maintained for the purpose of making a profit
noun
- an organization that is not conducted or maintained for the purpose of making a profit
Examples
- The hospital operates as a nonprofit institution.
- She works for a nonprofit organization that helps homeless families.
- The museum is a nonprofit dedicated to preserving local history.
- Many nonprofits rely on donations to fund their programs.
- The nonprofit sector plays an important role in the community.
- He founded a nonprofit to provide clean water in developing countries.
- The nonprofit status allows the organization to receive tax-exempt donations.