non-profit-making organisation


Variationnon-profit organisation
an organisation which is not allowed by law to make a profit
ExampleNon-profit-making organisations are exempted from tax.
(NoteNon-profit-making organisations include charities, professional associations, trade unions, and religious, arts, community, research, and campaigning bodies.
The US term is nonprofit organization.)

Use this term in a sentence

You should try and get involved with a non-profit-making organisation if you think it would be in your companies best interests,

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The non-profit-making organisation was exempt from tax which allowed the organization the opportunity to enrich the community with its operation.

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My brother's wife founded a non-profit-making organisation whose goal was to bring clean water to the entire world by the end of the next century.

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non-profit organization nonpublic information