Nonprofit types breakdown
It's part of three sectors
Government
Nonprofit
Forprofit
Have missions, an ideal they reach for, both can do charity work, community governance, both earn money
However in a nonprofit...
However in a for-profit...
There are no shareholders
For profits get revenue through services, not donations
And they are tax exempt
Gets money through taxes
Which requires transparency and they are held accountable
Innovative with less loss
Subsectors
Arts, culture, and humanities
Education
Environment and animal welfare
Health
Human services
International and foreign affairs
Religious institutions
Civil society
Quid pro quo nonprofit logic
Collective
Selective
Kentucky Bluegrass Association, Museums
Labels
Third sector
Independent sector
Voluntary sector
Charitable sector
Philanthropic sector
Social sector
Nongovernmental sector
Serves a mission but is not governmental with the aim to keep private nonprofits separate from government interference
Sector concerned with humankind, expressed through giving of time or money
Volunteers coming together to work toward a mission
Brings attention to one of the things that makes nonprofits different from for-profits
However it;s very restrictive with just volunteers, most nonprofits have full time people
No obvious difference, it doesn't say what specifically sets it apart from for-profit and government
Self regulating name implies that the other sectors are somehow dependent
Provides charitable services directly to intended audience
Focused on concern for society, on improving social conditions
Explains what it's focused on buy not what it is (nonprofit, non-governmental) which can be seen as a positive but it's such a big term which can mean formal social organizations and also informal collectives working for social purposes
Institutions (laws, norms, and values of society), ideas, and actions (common interests, associations, and citizen initiatives)
Or ideas and action (common interests, association, citizen initiatives), institutions (laws, norms, values, and customs), and organizations (formal and informal, outside market and state
This logic suggests that nonprofits should receive freedom from taxes because they provide benefits to society
All of this is regulated by the IRS (Internal Revenue Service) and the NTEE (National Taxonomy of Exempt Entities)
Ex. Red Cross
Ex. Doctors Without Borders
Ex. PETA (People for the Ethical Treatment of Animals)
Ex. National Industries for the Blind, Peace Corps
Ex. KHAN ACADEMY