FILL IN THE BLANK organizations that are formed to offer services to clients and not make a profit are__ , whereas, are those organizations that are formed to make money, or profits, by offering products or services.

The Red Cross, United Way, and Habitat for Humanity are a few well-known charities. There are many different kinds of not-for-profit organizations, but the 501(c)3 is the most typical. Being a 501(c)3 has a number of advantages, including: a tax break from the federal government.

What kind of business is a nonprofit?

A nonprofit organization is one that works to advance a social cause or support a common goal. Because they serve the public, nonprofits are excluded from taxation by the IRS, and they are obligated to disclose financial information to guarantee that donations are used only to advance the nonprofit.

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FILL IN THE BLANK organizations that are formed to offer services to clients and not make a profit are______ , whereas, ____ are those organizations that are formed to make money, or profits, by offering products or services.

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What kind of business is a non-profit, for instance?

What kind of business is a nonprofit?

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FILL IN THE BLANK organizations that are formed to offer services to clients and not make a profit are__ , whereas, are those organizations that are formed to make money, or profits, by offering products or services.