Overview of Non-governmental organizations (NGOs)/Nonprofit organizations

DEFINITION:

Non-governmental organization (NGO) - A non-governmental organization (NGO) is any

non-profit, voluntary citizens' group which is organized on a local, national or international level.
Task-oriented and driven by people with a common interest, NGOs perform a variety of service
and humanitarian functions, bring citizen concerns to Governments, advocate and monitor
policies and encourage political participation through provision of information. Some are
organized around specific issues, such as human rights, environment or health. They provide
analysis and expertise, serve as early warning mechanisms and help monitor and implement
international agreements. Their relationship with offices and agencies of the United Nations
system differs depending on their goals, their venue and the mandate of a particular institution.
(Source: http://www.ngo.org/ngoinfo/define.html)

Non-profit organizations - A non-profit organization is a group organized for purposes other than
generating profit and in which no part of the organization's income is distributed to its members,
directors, or officers.
(Source: https://www.law.cornell.edu/wex/non-profit_organizations)

LEGAL DEFINITIONS:

Non-governmental organization (NGO) -

Nonprofit organizations (NPO) -

Compare and Contrast: NGO vs NPO

Similarities
NGO NPO

Differences
NGO NPO
Compare and Contrast: Not-for-profit organization and Non-profit organization

What is the difference between "non-profit" and "not-for-profit?

The term "not-for-profit organization" (NFPO) is used as a broad-based term that encompasses
all organizations that are known variously as charities, non-profits, non-governmental
organizations (NGOs), private voluntary organizations (PVOs), civil society organizations
(CSOs), etc. "Not-for-profit" is used in preference to "non-profit" in order to emphasize that a
defining criterion is the intention of the organization not to make profits for private gain. It is
possible that such an organization will in fact make a profit from time to time, but that is not the
principal purpose for which it is organized and operated. Nor is its purpose to distribute any
portion of any profit for private gain. The major distinguishing characteristic between
not-for-profit and for-profit organizations is that the former are governed by the principle of
non-distribution.
(Source: http://www.icnl.org/contact/faq/)

Philippine Laws and Regulations with regards to NGOs/NPOs

ACCOUNTING SYSTEM OF NGOs/NPOs