What term is used for the group of nonprofit organizations that are designed to run as cost effectively as possible and to direct any earnings back into the causes they support?

Question

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The term "the Third Sector" refers to the group of nonprofit organizations that are designed to run as cost effectively as possible and to direct any earnings back into the causes they support. This sector includes organizations such as charities, foundations, and non-governmental organizations (NGOs).

What Term Is Used for the Group of Nonprofit Organizations