Is an organization that uses surplus revenues to achieve its goals rather than distributing them as profit or dividends. They must be retained by the organization for its self-preservation, expansion, or plans. NPOs have controlling members or boards.
Some NPOs may also be a charity or service organization; they may be organized as a not-for-profit corporation or as a trust, a cooperative, or they exist informally. A very similar type of organization termed a supporting organization operates like a foundation, but they are more complicated to administer, hold more favorable tax status and are restricted in the public charities they support
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