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Preferred term

nonprofit organizations  

Definition

  • Nonprofit organizations comprise the sector of the economy referred to as the nonprofit, voluntary, or third sector. Incorporated under state law as charitable or nonprofit corporations, these organizations are distinguished from organizations that focus on either making a profit (the private sector) or serving as an arm of government (the governmental sector). [Source: Encyclopedia of Public Relations; Nonprofit Organizations]

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URI

https://concepts.sagepub.com/social-science/concept/nonprofit_organizations

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