Can Nonprofits Make a Profit? The Answer Might Surprise You
When people hear the term “nonprofit,” they often assume these organizations can’t—or shouldn’t—make money. But the truth is more nuanced. Yes, nonprofits can generate profits, but how they use those funds is what sets them apart. Let’s break down the myths, legalities, and smart strategies for financial sustainability. 1. Nonprofits Can Earn a Profit (Here’s […]
