For a typical NPO, expenses that can be written off include everything from fund-raising campaigns to grant-writing, and mailing published materials to generating incidental expenses. Effectively using the tax system and knowing what constitutes a legal write-off and what does not means increased operating within the law while saving money. Increased proceeds help a nonprofit to effectively work to accomplish its mission.
Whether funds are generated from the public, a few influential people, private funds or even federal grants, your NPO will likely require outside help. Though raising capital and operating in a business model that does not have profit as its goal can make everyday operations challenging, a number of opportunities exist to help NPOs in their missions. Volunteer workers, interns, government tax write-offs, and donation systems are all ways by which an NPO can increase proceeds and succeed.
