Most nonprofits obtain revenue from:
A) multiple sources.
B) government contracts only.
C) the sale of products and services.
D) corporate sponsors only.

Question

Quizplus · Accepted Answer

Nonprofits typically obtain revenue from a variety of sources, such as grants, donations, fundraising events, membership dues, and the sale of goods and services. While government contracts, corporate sponsors, and the sale of products and services can be sources of revenue for nonprofits, relying on only one source can be risky and may not provide enough funding to sustain the organization's mission in the long term. Therefore, nonprofits often diversify their revenue streams to increase financial stability and flexibility.

Most Nonprofits Obtain Revenue From