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Nonprofit Organizations: The Different Types Of Non-Profit Organizations

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Nonprofit Organizations: The Different Types Of Non-Profit Organizations
Non-profit organizations, also known as 501(c) (3) organizations, uses their revenues to accomplish their mission statement, rather than making profit out of it. 501(c) (3) organizations are organizations that earned the tax-exempt status. There are many different types of nonprofits. It varies from clubs to charities, locally and globally. Nonprofits can either be member-serving or community-serving. "Non-profit organizations include churches, public schools, public charities, public clinics and hospitals, political organizations, legal aid societies, `volunteer services organizations, labor unions, professional associations, research institutes, museums, and some governmental agencies." (Cornell). There are also many successful and well-known
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