What does non for profit mean? Non for profit. A Not for profit organization or company is one that uses surplus revenues to achieve its goals rather than distributing them as profit or pidends. Across the planet there are various forms of not for profit organisations and companies.Do you hyphenate not for profit? Not-for-profit contains hyphens, but nonprofit should never contain hyphens. Even though not-for-profit is more accurate, it is less common than nonprofit. You can remember to choose not-for-profit in professional writing since it contains for, which is also used to spell formal.What does not for profit sector mean? Generally, a not-for-profit is an organisation that does not operate for the profit, personal gain or other benefit of particular people (for example, its members, the people who run it or their friends or relatives). The definition of not-for-profit applies both while the organisation is operating and if it closes down.What exactly is a non profit? A non-profit organization, also known as an NPO, is an entity that funnels any surplus funds back into the operation of the organization, rather than distributing that surplus to owners or investors.