Not seeking or producing a profit or profits: a nonprofit organization. (adjective)
American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
Use "nonprofit" in a sentence
"Although often associated with the term nonprofit, social entrepreneurs don't have to be consumed with the hassles of corporate legal structures, reporting, and documentation."
"The term nonprofit can be a misnomer when it comes to hospitals, because 77 percent of the nation's 2,033 nonprofit hospitals operate in the black, according to a report by The Wall Street Journal."
"Running a nonprofit is a huge amount of work and I have to wear so many hats: the grant-writing hat, the fundraising hat, the administrative hat, even the taking-out-the-garbage hat, which is made out of old take-out Thai food containers and scrap paper."