Non-profit organization

Non-profit organization obtains the necessary financial resources from various public sources: national, regional or local. Usually it has legal form of association - a voluntary, permanent and self-non-profit. All funds of non-profit organizations are dedicated to achieving the objectives set out in Statute. These organizations can run a business, but their income is spent to finance the business and statutory goals, they can not be split between persons working in these organizations.

Types of non-profit organization[edit]

  • Charities
  • Independent Organizations
  • Organizations of volunteers
  • Organizations exempt from tax
  • Non-governmental organizations


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