What if any is the difference between a Not-For-Profit organization and a Non-Profit organization?
This was selected as Best Answer From an IRS perspective they are interchangeable, but syntactically “not-for-profit” refers to activities one does, but not for profit, while an organization itself which carries out such kinds of activities is on the whole a non-profit organization. Sometimes this manifests itself in the sources of funding for organizations, in the “not-for-profit” typically would have business operations other than fundraising which actually bring in money, but not for profit — just to cover expenses and such and remain compliant with tax code for non-profit organizations.
