S Corporations. Rochester Business Journal New York business news and information. <p>Sort.
Merge. Mail. Nonprofits. Society for Nonprofits: Starting A Nonprofit Organization. The difference between nonprofit and for-profit organizations is that nonprofits use their profits to advance their programs, while for-profits distribute their profits to their owners or stockholders.
Nonprofit organizations fall into five main categories: Click here to view an IRS chart detailing characteristics of types of nonprofits. Again, you will note that each type is designated by the IRS Code under which it appears.