A nonprofit is created for charitable, educational, religious, or other purposes. A wide array of organizations are nonprofit, to list a few, schools, business associations, churches, social clubs, and consumer cooperatives.
Nonprofit entities generally seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. The business formation package includes Articles of incorporation and bylaws for your organization.
