non profit means when a institution works on costs then it is called nonprofit organisation . in cost interest for capital ,wages for manager and labourer included .
The company is organized not to retain or distribute profits for the benefit of company owners.
Less technically, any profits made by the company are "given away" to charity if the company is in business or operated at break even if a charitable organization.
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non profit means when a institution works on costs then it is called nonprofit organisation . in cost interest for capital ,wages for manager and labourer included .
The company is organized not to retain or distribute profits for the benefit of company owners.
Less technically, any profits made by the company are "given away" to charity if the company is in business or operated at break even if a charitable organization.