Non Profit | Frenly Community Hub

A non-profit organization, also known as a non-business entity or not-for-profit organization, is a non-governmental entity that operates for a collective, public, or social benefit, rather than to generate profit for private owners. Non-profit organizations are subject to a non-distribution constraint, meaning that any revenue exceeding expenses must be used to further the organization’s purpose. Non-profits are typically funded through donations, grants, and fundraising events. They may also generate revenue through the sale of goods and services, but this revenue must be used to support the organization’s mission. The non-profit sector is supported by notable organizations, such as the United Nations and the World Health Organization.