Nonprofit organizations were defined as those organizations that are institutionally
separate from the State, do not return profits to owners, are self
governing, have a significant element of voluntary contribution and are formally
incorporated.
Nonprofit organizations exist to develop communities,
meet the needs of identifiable and discrete groups in those communities, and
work for the benefit of public good rather than wealth creation for individuals.
The majority of nonprofit organizations are driven largely by the efforts
of volunteers rather than paid staff.