What is a Nonprofit?

A nonprofit or not-for-profit organization (NPO) is a tax-exempt organization that works to further a particular focus or social cause.

Types of Nonprofits

The most common types of nonprofit organizations include:

Section 501(c)(3)
Section 501(c)(4)
Section 501(c)(5)
Section 501(c)(6)
Section 501(c)(7)
Section 501(c)(k)

How to Start a Nonprofit

Decide on the type of nonprofit
Craft a mission statement and business plan
Appoint a board
Incorporate and file for tax exemption

Further Reading

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