3 ms·
Definitions of these things vary greatly in each country, but a 'non-profit' may sell things, where I am. What's important is that the 'selling of things' is t
by bbarnett 6y ago
Definitions of these things vary greatly in each country, but a 'non-profit' may sell things, where I am.
What's important is that the 'selling of things' is targeted to 'recoup costs', not 'make profit'.
An example, hosting an event and charging $5 per seat, to recoup the costs of renting the theatre. And to pay talent.
Maybe this is different in the UK?
And, you keep saying "operate for profit", which makes me think it is part of their charter, instead of saying "non-profit" which makes me think of my above logic.