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What’s the Difference between Non Profit vs. Not for Profit

What’s the Difference between Non Profit vs. Not for Profit

It’s common for the terms “Non Profit” and “Not For Profit” to be interchanged when discussing charitable organizations. It is, however, important to recognize that there is a distinction in the definitions of nonprofit or not-for-profit organizations. Nonprofit organizations have an educational, charitable, or religious gain and are exempt from the federal income tax. On […]

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