# nonprofit

Pronunciation: say "non-PROF-it" US /ˌnɑnˈpɹɑfɪt/, UK /ˌnɒnˈpɹɒfɪt/

## Noun

1. Short form of nonprofit organization. — Ellipsis of nonprofit organization (“an organization that exists for reasons other than to make a profit, such as a charitable, educational or service organization”).
   - Simple: Short form of nonprofit organization. Use this when talking about a group set up to help people rather than to make money.
   - _The nonprofit opened three new shelters across the county this year._
   - _Several local nonprofits merged to share office space and cut costs._

## Adjective

2. Not seeking to earn a profit, but operating for purposes other than financial gain.
   - Simple: Not run to make money for owners or shareholders.
   - _The hospital operates on a nonprofit basis, reinvesting all its income into patient care._
   - _Volunteers run the nonprofit shelter without any expectation of financial return._

## Origin

Formed from the prefix "non-" combined with "profit."

Source: DictionaryAI, https://dictionaryai.com/define/nonprofit (written from Wiktionary data, CC BY-SA 4.0: https://creativecommons.org/licenses/by-sa/4.0/).