style=”text-decoration: none”> What is the difference between a nonprofit and a for-profit organization?
The difference between nonprofit and for-profit organizations is that nonprofits use their profits to advance their programs, while for-profits distribute their profits to their owners or stockholders. Nonprofits are organizations or institutionalized to some extent, self governing, non-profit distributing, private or not part of government, voluntary or noncompulsory and involving some meaningful degree of voluntary participation, and of public benefit.
