Nonprofit Organizations | Frenly Community Hub

Nonprofit organizations (NPOs) are non-governmental entities that operate for the benefit of the public or a specific group, rather than to generate profit for private owners. NPOs are subject to a non-distribution constraint, meaning that any revenue exceeding expenses must be used to further the organization's purpose. They can include charities, schools, hospitals, business associations, and cooperatives, and may obtain tax-exempt status and qualify to receive tax-deductible contributions.