nonprofit sector
The nonprofit sector consists of organizations that operate for purposes other than making a profit. These organizations focus on social, educational, charitable, or community goals, often relying on donations, grants, and volunteers to support their activities. Examples include charities, foundations, and community organizations.
Nonprofits play a vital role in society by addressing various issues such as poverty, education, health care, and environmental protection. They often collaborate with government agencies and private businesses to enhance their impact and reach. The sector is governed by specific regulations to ensure transparency and accountability in their operations.