NGOs

Question 1

2 characteristics of NPOs

Answer 1

• They have a social-based or community-based objective (supporting a cause/providing public benefit)
• They do not generate profit for owners or shareholders. Any surplus (excess revenue over costs) is reinvested back into the organization.

Question 2

2 main types of NPOs

Answer 2

NGOs (Non-government organizations) & Charities

Question 3

NGOs 2 key characteristics

Answer 3

• Non-profit, private sector organizations that operate independently of any government
• Aim to support a social, humanitarian, or environmental cause, often on a national or international level.

Question 4

Charities 2 key characteristics

Answer 4

• A specific form of NGO
• They aim to provide relief to those in need (e.g. the poor, sick, or disadvantaged)
• Rely heavily on donations, volunteers, and fundraising and often do not have to pay tax