If an operation adds value to the original cost of resource inputs, nonprofit organizations add wealth to society and business organizations.
The non-profit organizations also called the NGOs are the organizations that work for the welfare of the society. These are generally aided by the governments and also by wealth members to help the people in need. The profits earned by these non-profit organizations are not taxable and are reused again for the welfare of the society.
These organizations work for the people in need like victims of abuse, victims of natural disaster, child welfare, development of children, people with disabilities etc. The help in uplifting the society by helping those who really deserve the help.
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