Nonprofit Organization

Brookings Institution
The Brookings Institution is a nonprofit organization based in Washington, D.C., known for producing scholarly studies on significant economic, political, and social issues.
Cause-Related Marketing
Cause-related marketing (CRM) is a strategic alliance between a business and a nonprofit organization to market an image, product, or service for mutual benefit and to address pressing social issues.
Nonprofit Corporation
A nonprofit corporation is an organization legally constituted and operated to serve a public or mutual benefit, rather than to pursue or distribute profits to its directors, members, or shareholders.
Nonprofit Organization
An entity that operates for purposes other than generating profit and is exempt from paying income taxes due to its socially desirable business activities.
Public Charity
A public charity is a type of nonprofit organization that draws its support from a broad base within the community. This can include schools, churches, hospitals, and other organizations. It offers more generous contribution limitations for donors and must adhere to specific criteria regarding its sources of income.
Qualified Charity
A 'qualified charity' or 'qualified charitable organization' is a nonprofit organization recognized by the IRS as eligible to receive tax-deductible contributions.
Section 501(c)(3) Organization
A specific kind of nonprofit organization in the United States exempted from federal income tax under section 501(c)(3) of the Internal Revenue Code. These organizations must fulfill certain criteria related to purpose, earnings, lobbying, and political activities.
Service Corps of Retired Executives (SCORE)
SCORE, formerly known as the Service Corps of Retired Executives, is a nonprofit organization that provides free mentoring, resources, and education to small business owners across the United States.
WikiLeaks
A controversial international nonprofit organization that publishes submissions of private, secret, and classified media sourced from anonymous tips, whistle blowers, and government sources. Launched in 2006, it claimed a database of more than 1.2 million documents within one year.

Accounting Terms Lexicon

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