What best describes a nonprofit organization?

A nonprofit organization is best described as an entity that aims to provide community services without the primary goal of generating profits. These organizations exist to serve the public interest or a specific cause, such as education, health care, social services, or environmental protection. They reinvest any surplus revenues back into their programs and initiatives, rather than distributing profits to owners or shareholders. This focus on service rather than profit enables nonprofits to address societal needs and contribute to the community effectively.

In contrast, other descriptions such as a business that aims to earn profits, a company focused solely on maximizing shareholder wealth, or a group that operates only for political purposes do not accurately capture the essence of a nonprofit organization. These options reflect profit-driven motives or narrow political ambitions, which are not characteristic of nonprofits. Instead, these organizations prioritize their missions and the well-being of their communities over financial gain.