University of Louisiana at Monroe Non Profit Organizations Essay

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University of Louisiana at Monroe

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Discuss the ways in which management of nonprofit organizations is like management of for-profit and public organizations. In what ways are they different? Which of these differences are most important for nonprofit managers to recognize?

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Running head NON-PROFIT ORGANIZATIONS

Non-Profit Organizations
Student’s Name
Institution

1

NON-PROFIT ORGANIZATIONS

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Non-profit Organizations

A nonprofit organization also referred to as a non-business entity, is an organization
dedicated to advancing a specific social force. Such organizations also sponsor shared points of
view. Economically, instead of such an organization distributing its income to its shareholders,
members or leaders, it instead utilizes its surplus revenue to attain its primary objective further.
Nonprofit organizations are exempted from tax; thus, they do not remit any income tax on the
monies received for the organizations. Charitable organizations can operate in educational
settings as well as in scientific, research and religious contexts. Despite there being differences in
the way nonprofit and profit-making organizations are instituted, several similarities emanate
from the way the two diffe...


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