What is a non-profit?

  • Startup

A non-profit is an organization that operates to serve a public or social cause rather than to generate profits for owners or shareholders. Any revenue earned is reinvested into its mission rather than distributed as income. Non-profits can focus on various areas, including education, healthcare, environmental conservation, and social services. They often rely on donations, grants, and fundraising efforts to support their work and may qualify for tax-exempt status, meaning they are not required to pay certain taxes if they meet specific legal requirements.

R&D Offer Quiz

Step 1 of 3

Answer to find out if you're eligible for R&D tax credits.

Do the activities performed relate to a new or improved business component’s function, performance, reliability, quality, or composition?(Required)
For Example: A mid-sized packaging company develops a slightly modified cardboard box design to improve its stacking strength (reliability) for warehouse storage, involving minor adjustments to the corrugation pattern to reduce collapse under standard weight loads.
Is your company trying to discover information to eliminate uncertainty concerning the capability or method for developing or improving a business component?(Required)
For Example: A furniture manufacturer investigates whether a cheaper wood adhesive can hold joints as effectively as the current one during assembly, testing bond strength to resolve doubts about its capability in standard production lines.
Do the activities performed constitute a process of experimentation?(Required)
For Example: An auto parts supplier runs a series of bench tests on different lubricant formulations to find one that reduces friction in engine bearings more effectively, systematically comparing wear rates over simulated operating cycles.