nonprofit
Saynon-PROF-it/ˌnɑnˈpɹɑfɪt/UK/ˌnɒnˈpɹɒfɪt/
- 1Short form of nonprofit organization. Use this when talking about a group set up to help people rather than to make money.
She works at a nonprofit that helps homeless families find housing.
Many nonprofits depend on donations to keep their doors open.
Note
- 2Not run to make money for owners or shareholders.
Like a lemonade stand that gives all its money to charity instead of keeping any.
The nonprofit clinic treats anyone who cannot pay for care.
They started a nonprofit group to clean up the river.
Similarnot-for-profit, charitable, noncommercial
Oppositecommercial, for-profit
Note
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Origin
This word is made from "non-" (meaning not) and "profit."