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Can a nonprofit be a business?

April 26, 2017Business nonprofit

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Can a nonprofit be a business?

2 Answers

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Many nonprofits undertake ‘business’ activities, and most are ‘business-like’ in their work. Nonprofits can’t pay out profits as dividends to stockholders or as income to ‘owners.

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Last updated on: August 1, 1998 Description: Many nonprofits undertake ‘business’ activities, and most are ‘business-like’ in their work. Nonprofits can’t pay out profits as dividends to stockholders or as income to ‘owners.