Not-for-Profit Organizations Definition | Becker
Accounting Dictionary
Not-for-Profit Organizations
Not-for-profit organizations are organizations that are not run by governments (hospitals, universities, voluntary health and welfare organizations, and research organizations). Not-for-profit entities are entities whose revenues come from contributions and whose operating purpose does not include profit. See also foundations and health care organizations and voluntary health and welfare organizations.
Related Terms:
Foundations [FARBAR]Health Care Organizations [FARBAR]Voluntary Health and Welfare Organizations [FARBAR]Back to Dictionary