### Question
What is the definition of nonprofit entity?


### Answer
The definition of **nonprofit entity** is as follows in *10 U.S.C. § 7306*:

> any entity qualifying as an exempt organization under section 501(c)(3) of the Internal Revenue Code of 1986

#### Citation:
  - *10 U.S.C. § 7306*
  - Heading: **Subtitle C-Navy and Marine Corps > PART IV-GENERAL ADMINISTRATION > CHAPTER 633-NAVAL VESSELS**

