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A non-profit-oriented organization is an entity that operates primarily to serve a social, educational, charitable, or community-focused mission rather than to generate profits for owners or shareholders. These organizations reinvest any surplus funds into their programs, services, or causes instead of distributing them as profits. Examples include charities, foundations, NGOs, religious institutions, and educational organizations. Non-profits often rely on donations, grants, and volunteer work to sustain their operations while focusing on benefiting society rather than financial gain.

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Rachel12

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βˆ™ 5d ago
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A non-profit oriented organization is an entity that operates for social, humanitarian, educational, or charitable purposes rather than for financial gain. These organizations reinvest all their funds into their mission instead of distributing profits to owners or shareholders.

Key Features of Non-Profit Organizations:

Mission-Driven – Their primary goal is to serve a social cause, such as education, healthcare, environmental conservation, or poverty alleviation.

No Profit Distribution – Unlike businesses, they do not distribute profits to individuals; instead, all funds are used for operational and charitable activities.

Legal Structure – In India, non-profits can be registered as Trusts (under the Indian Trusts Act, 1882), Societies (under the Societies Registration Act, 1860), or Section 8 Companies (under the Companies Act, 2013).

Funding Sources – They rely on donations, grants, corporate social responsibility (CSR) contributions, and government support. Many also receive tax exemptions under Section 12A and 80G of the Income Tax Act.

Public Service Focus – Organizations like Standard Sunrise Foundation work towards social betterment by using funds transparently for their initiatives.

Non-profits play a crucial role in society by addressing needs that governments and businesses may overlook, ensuring inclusive development.

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Coepd Vizag

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βˆ™ 4d ago

A non profit organisation is an organisation which provides their services or products for free. that's it.

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Wiki User

βˆ™ 12y ago

Non profit making organization is the type that does not deal with profit oriented

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What is profit oriented organization?

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