What is the non -profit sector?

The non -profit sector is the one that is not strictly defined. One of the reasons is that the organization located in this category is very diverse, including enterprises such as hospitals, private foundations and charity organizations. Another reason is that the rules of this sector may vary depending on the country in which they are registered. Although they tend to function like other businesses, the main difference between non -profit sector members and commercial sectors is that non -profit organizations should not act in favor of themselves. Instead, the members of this sector generally arise with a specific social purpose.

In many places, non -profit sector members are called NGOs (NGOs). This name reveals an important characteristic of this sector. Members should be without government control and influence. This does not mean that they are not subject to any legal order. It is a jich politics and action should not be based on the pressures or agendas outlined by government ORGány. However, charity is only one type of organization that falls into this umbrella. Most of the volunteer works carried out around the world are undoubtedly carried out by members of the non -profit sector, but this is not required from all organizations in this industry. In some economies, the non -profit sector creates a significant part of jobs.

This segment of the economy is also commonly referred to as the social sector. This emphasizes another important intended characteristic of these organizations. Each of them generally exists to provide a type of social benefit. They usually have specified missions such as providing health care to poor women, education of women or disseminating religious sites.

Another common misconception about members of the group is that they can't make money. The main source of income of some non -profit organizations is gifts. There are other strategies that can be members of this sectoruse to generate income. One is to charge billing for provided services.

non -profit sector members are often provided by special privileges. These may include tax relief, special import and export authorization and designations as a charity organization that can cause donor tax resources. Many organizations in the non -profit sector are multinational. If this is the case, although their status can remain the same, they often subject to different rules and regulations in different countries where they operate.

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