Nonprofits are organizations that operate for purposes other than making a profit. They focus on social, educational, charitable, or community goals, often relying on donations, grants, and volunteers to support their activities. Examples of nonprofits include charities, educational institutions, and environmental organizations.
These organizations are typically tax-exempt, meaning they do not pay income tax on the money they receive. Nonprofits play a crucial role in addressing various societal issues, such as poverty, education, and health care, by providing services and support to those in need.