U.S. Code of Federal Regulations
Regulations most recently checked for updates: Aug 28, 2025
Nonprofit organization means any corporation, trust, association, cooperative, or other organization, not including an institution of higher education, that:
(a) Is operated primarily for scientific, educational, service, charitable, or similar purposes in the public interest;
(b) Is not organized primarily for profit; and
(c) Uses net proceeds to maintain, improve, or expand the operations of the organization.