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Nonprofit organizations help the greater good by: Fundraising money to support charitable causes. Connecting people with their community. Spearheading research. Educating donors. Identifying public needs. Raising awareness.
Being a nonprofit does not mean that the organization does not generate profit, but simply that it doesnt generate revenue for the purpose of harvesting income. They typically serve a scientific, religious, educational, or charitable purpose and, with recognition by the IRS, are tax-exempt.
Non-profit founders earn money for running the organizations they founded. They often put in long work hours and make far less money than executives at for-profit organizations. When running a non-profit is their sole employment, it is reasonable for them to draw a salary for the work they do.
They provide services, goods and resources to meet community needs. They are businesses, most often charitable, that assist other businesses in the community to drive economic development, the arts, cultural awareness, education, health and spirituality in virtually every sector of society.
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