

It’s like that pretty much everywhere including the USA. People just don’t understand.
It’s like that pretty much everywhere including the USA. People just don’t understand.
Yes, nonprofits in the United States can earn a profit, but they must reinvest it back into the organization. Nonprofits are tax-exempt and are formed to serve the public, so they can’t distribute profits to individuals. How nonprofits make money
Donations and fundraising: Nonprofits raise money through donations and fundraising events
Earned income: Nonprofits generate income through activities related to their mission, such as:
Selling merchandise
Charging fees for services Renting out space Selling food
How nonprofits use their profits Program growth: Nonprofits use profits to grow their programs, hire staff, and upgrade technology Sustainability: Nonprofits use profits to build reserves for long-term sustainability Fundraising: Nonprofits use profits to attract more support through fundraising efforts
Restrictions on nonprofit profits
Nonprofits can’t distribute profits to individuals Nonprofits must reinvest all surplus funds back into the organization Nonprofits must ensure that their revenue is directly related to their mission
This is why you’re wrong
Profit is revenue minus cost of goods
NET profit or net income is after expenses unrelated to cost of goods.
If a widget costs you $100 to make and you sell it for $100 that’s $0 profit.
Tack on all the other expenses to run a business and now you’re in debt.
Profit is not NET profit.
“Profit” is a general term referring to the money a company earns after subtracting the cost of goods sold from its revenue, while “net profit” is the final profit remaining after all expenses, including operating costs, taxes, and interest, are deducted from revenue, representing the company’s true bottom line profitability
Edit: Below shows some guidelines, on how they can earn profit.
NON PROFITS can earn profit, they’re just restrictions on it.
Yes, nonprofits in the United States can earn a profit, but they must reinvest it back into the organization. Nonprofits are tax-exempt and are formed to serve the public, so they can’t distribute profits to individuals. How nonprofits make money
Donations and fundraising: Nonprofits raise money through donations and fundraising events
Earned income: Nonprofits generate income through activities related to their mission, such as:
Selling merchandise
Charging fees for services Renting out space Selling food
How nonprofits use their profits
Program growth: Nonprofits use profits to grow their programs, hire staff, and upgrade technology Sustainability: Nonprofits use profits to build reserves for long-term sustainability Fundraising: Nonprofits use profits to attract more support through fundraising efforts
Restrictions on nonprofit profits
>Nonprofits can't distribute profits to individuals
>Nonprofits must reinvest all surplus funds back into the organization
>Nonprofits must ensure that their revenue is directly related to their mission
Non profit doesn’t mean no profit.
Non profits make enough profit to pay their employees, rent, and any other business needs, or they get money from other sources. They still need and make money to operate.
For a company to succeed, there must be profit, or have an outside source of funding.
You cannot pay rent, employees or other business expenses with revenue and no profit without going into debt.
It helps with cash flow sure, but if it’s not profit you’re going into debt to pay that.
Revenue is not profit.
Not an answer, but the Army found that pills (non liquid gel caps) were often stable for quite a long time with only minor efficacy loss.
Is it against the law if they legitimately don’t lower the price after though as the above poster is being told to give as a reason, but we know isn’t true?
Profit is revenue - cost of goods.
If you make a widget and it costs you $100 to make, and you sell it for $110, you have $10 profit. Then you have all the other expenses that it takes to run a business, lets say that’s $200.
Your revenue is $110
You profit is $10
Additional Expenses: $200
You NET profit (AKA Net Income) is $-90