Non-profit organizations use their profits to help pursue their goals or mission and do not distribute their funds to owners or shareholders. While most government agencies are non-profit organizations, there are also many private organizations that focus on the personal needs of individuals in communities and provide social services, athletic opportunities and entertainment to people of all ages. These organizations are also exempt from taxation based on the services they provide.
Religious organizations focus on an individual’s faith and location in which they worship. Churches, synagogues, mosques and other places of worship receive tax-exempt status and offer individuals a chance to practice their faith. These organizations may receive donations and offer to compensate religious leaders, help the community and provide programs for its members.
Amateur Sports Competition
The Amateur Athletic Union is the largest, non-profit sports organization in the country and is responsible for promoting sports and physical fitness for children of all ages. The organization was founded in 1888 and partners with the Walt Disney World Resort in Orlando, which is where the national headquarters are and 40 annual AAU events are held. The complex in Orlando includes a baseball stadium, fieldhouse with six basketball courts, track and field complex, soccer arena and softball field.
Educational organizations that fall under a non-profit organization include public schools, colleges and universities. Schools use money from the government, tuition and donations to improve facilities, compensate teachers and administrators, and provide amenities for students. Other educational organizations that provide services to children and adults include zoos and museums.
Artistic organizations may include regional theaters, symphonies, opera houses and orchestras. These organizations provide entertainment and cultural enrichment to individuals and communities. Profits used from ticket sales and donations from members allow traveling theatrical shows and musical acts to perform and entertain patrons in a local venue.