Each and every nonprofit organization has a common purpose: to serve the public through outreach programs, donations or even scholarships. Although the term nonprofit states in and of itself that the people who run these organizations are not seeking to make any money for themselves, sometimes it helps to run the organization in the same manner one would run a business.
Nonprofit organizations exist to provide a specific service to people in need of support. Some nonprofits have a creative purpose, while others aim to alleviate the difficult situations that people face across the world. Generally, nonprofits aim to spend their money on their target demographic rather than making a profit, so it is important that they direct their funds into resources that work for them.