how do you make money if it’s a non-profit organization?

760 viewsOther

how do you make money if it’s a non-profit organization?

In: Other

17 Answers

Anonymous 0 Comments

This may be different in other country jurisdictions, but usually, the “non-profit” part of the title just has to do with what the organization does with its revenue. The organization can sell products or services to raise money. It can pay employees a salary or wages.

It’s just that whatever money is left over at the end — the profit — can’t be distributed to owners or shareholders as would happen in a company. It has to be retained by the organization and reinvested into furthering the goals of the organization.

You are viewing 1 out of 17 answers, click here to view all answers.