Non-Profit organizations (NPOs) are those that are focussed on furthering a particular social cause. NPOs are businesses that are granted tax-exempt status by the government as they are responsible for furthering a social cause along with providing public benefits.
NPOs being public extensions of a nation’s revenue department are charitable institutes. They do not have to pay income tax on the money that they receive. They are allowed to operate in the areas of religion, science, research, or education.
The key feature of any NPO is its accountability, trustworthiness, honesty, and openness. They are accountable to their donors, volunteers, and the public community.