The Nonprofit Sector encompasses a wide range of organizations that operate for purposes other than profit. These entities, including charities, foundations, and NGOs, aim to address social issues, provide services, and promote community welfare. They rely on donations, grants, and volunteers to fulfill their missions.
In addition to traditional charitable work, the sector also includes social enterprises that blend business practices with social goals. This innovative approach allows organizations to generate revenue while making a positive impact on society. Overall, the nonprofit sector plays a crucial role in enhancing the quality of life and addressing pressing challenges in communities worldwide.