Nonprofit
volume
British pronunciation/nˌɒnpɹˈɒfɪt/
American pronunciation/nɑnˈpɹɑfət/
non-profit

Definition & Meaning of "nonprofit"

Nonprofit
01

an organization chartered for other than profit-making activities

nonprofit
01

(of an organization, activity, etc.) operating without the goal of generating any financial benefits

example
Example
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ertaining to an organization or activity that does not operate for the purpose of making a profit.
The nonprofit hospital provides medical care regardless of patients' ability to pay.
The nonprofit art gallery relies on donations and grants to fund its exhibitions.
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