To help someone for free no charge,To except donations legally and make sure they go to the right cause , with owning your own non-profit organization you can also write tax write off's and people will respect you if you are involved in the right area.You can help kid's that are on probation by signing off they community service hours doing work threw you.Exct.
The purpose of a non profit will be different for every non profit.
Non profit organizations do not pay dividends to shareholders. It can have any type of purpose. Charities are generally non profit organizations that have the purpose of helping human beings in one way or the other. A charity can run a hospital, a soup kitchen, a homeless shelter, etc. A nonprofit can maintain an old lighthouse, an old battlefield, or a museum, etc. Thus while almost all charities are nonprofit organizations not all nonprofit organizations are charities.
why do we have non profit organizations
No, not all nonprofit Organizations are reputable, you must search for their history and judge on your own.
Qualified Nonprofit organizations are exempted from paying taxes. If a NPO starts doing activities that aren't related to their basic purpose, then they have to pay taxes. http://www.investopedia.com/ask/answers/08/nonprofit-tax.asp
Yes.
Nonprofit organization (abbreviated as NPO) is neither a legal nor technical definition but generally refers to an organization that uses surplus revenues to achieve its goals rather than to distribute them as profit or dividends.
Margaret F. Henderson has written: 'Working with nonprofit organizations' -- subject(s): Nonprofit organizations, Local government
Designation as a nonprofit does not mean that the organization does not intend to make a profit. The nonprofit may also be a trust or association of members.
Yes, nonprofit organizations can be incorporated as either a nonprofit corporation or a not-for-profit corporation, depending on the state in which they are located. Incorporating provides the organization with legal protection and allows it to apply for tax-exempt status.
GuideStar reports on nonprofit organizations by requesting and receiving information and reviews from people who work closely with the nonprofit organizations in question. They post the information and reviews that they receive on their website.
Elaine M. Hadden has written: 'Nonprofit organizations' -- subject(s): Directors of corporations, Law and legislation, Legal status, laws, Liability (Law), Nonprofit Corporations, Nonprofit organizations