Regenerate The Possible | The Sector
A non-profit company is an organization that operates for a social or charitable mission, with any surplus funds reinvested for its cause rather than distributed to shareholders.
A non-profit company, also known as a nonprofit organization, is an entity formed for purposes other than generating profit for its owners or stakeholders. Instead, it operates to serve a specific mission, often focused on social, environmental, educational, charitable, or cultural objectives.
Any surplus funds generated are reinvested to further the organization's mission rather than distributed to individuals or owners. Nonprofits rely on donations, grants, and fundraising to sustain their operations and fulfill their intended goals.