Nonprofit Organization (Noun)
Meaning
An organization chartered for other than profit-making activities.
Classification
Nouns denoting acts or actions.
Examples
- The local animal shelter is a nonprofit organization that relies on donations to care for stray pets.
- The charity's status as a nonprofit organization allows it to apply for government grants and tax-exempt status.
- The nonprofit organization has been working to provide clean water and sanitation to rural communities for over a decade.
- The museum is a nonprofit organization that is supported by a combination of grants, donations, and ticket sales.
- The Red Cross is a well-known nonprofit organization that provides disaster relief and emergency assistance around the world.