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— Can a nonprofit make money? FindLaw details what happens when a nonprofit makes a profit, including implications on tax-exempt status and tax obligations. — It can be an excellent way for nonprofits to make money to cover events or operating expenses. It is also an effective marketing strategy for corporations as they. Myth: Nonprofits can’t earn a profit. Reality: The term "nonprofit" is a bit of a misnomer. Nonprofits can make a profit (and should try to have some level of positive revenue to.
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