A non-profit organization is an organization that is dedicated to the furtherance of a certain social cause. It is also concerned with advocating of a particular point of view. An organization being nonprofit does not necessarily indicate that it doesn’t make profit. Some nonprofit organizations generally makes profit. However, the revenues made from the activities are not meant for income harvesting. To most of the nonprofit organizations, the main goal is to serve the interests of the public. Any other benefit which may be termed mutual is the concern to the nonprofit making organizations. Nonprofit organization may take a number of forms. The hospitals, labor unions, universities or the churches are good examples of different forms which may be taken by the nonprofit organizations. Generally, the nonprofit organization are tax exempt.
Common characteristics are usually associated with most of the nonprofit organizations. Most of the nonprofit organizations are usually private organizations and they are separate from the government. The nonprofit organizations usually utilize and distribute the income obtained by advancing the organization. Another characteristic that is attached to the nonprofit organization is that they are voluntary and self-governing. Achieving of the desired goals calls for the nonprofit organization to create a platform whereby different individuals will come together to join their resources. Meeting of the various missions as set by the organization will then involve the utilization of the revenues generated from such avenues.
The nonprofit organization are usually known to perform a number of functions. The need to create awareness on a particular purpose is the main goal. It will then find the means of generating the revenues so as to meet these purpose. As one of the many functions of the nonprofit organizations, they will undertake the charity activities related to the social welfare. The nonprofit organization will in this case carry out the various activities which will include the providing of the necessities to the individuals who may be lacking. The main reason as to why these organizations are tax exempt is this.
A nonprofit organization will also undertake religious functions. Certain beliefs is what will entail the religious functions as undertaken by the nonprofit organizations. What may also be covered by these function of nonprofit organization is the various acts of doing good. The religious organizations may however carry out these activities directly. New nonprofit organizations may be created by these religious organizations for the purpose of offering the services. Another function by the nonprofit organization is trade, research and education. In the case, for example, the interests of a particular group will be undertaken. A good example of an activity that may be carried out in this case may be the creation of various associations of the engineers, teachers or the nurses.