### Question
How is the term nonprofit organization defined?


### Answer
The term **nonprofit organization** is defined in *42 U.S.C. § 8143* as the following:

> an organization in which no part of its net earnings inures to the benefit of any private stockholder or stockholders, individual or individuals and, if a private entity, which is not disqualified for tax exemption under section 501(c)(3) of title 26 by reason of attempting to influence legislation and does not participate in or intervene in (including the publishing or distribution of statements) any political campaign on behalf of any candidate for public office

#### Citation:
  - *42 U.S.C. § 8143*
  - Heading: **CHAPTER 90-NEIGHBORHOOD AND CITY REINVESTMENT, SELF-HELP AND REVITALIZATION > SUBCHAPTER III-LIVABLE CITIES**

