All the 501c’s face reporting requirements and financing restrictions by dint of being nonprofits. For example, they cannot raise capital by selling shares. Fo

All the 501c’s face reporting requirements and financing restrictions by dint of being nonprofits. For example, they cannot raise capital by selling shares. For-profit companies only need to focus on revenue if their shareholders want that. It’s perfectly legal to create a for-profit entity and invest capital for the sole purpose of spending it down, never realizing any revenue. Chan-Zuckerberg is probably the most famous example of that. For-profit companies can also have a mix of goals, for example making revenue and profits, but spending profits on a social mission, like Patagonia.