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Asked by Allie Luker on May 03, 2024

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Most nonprofits obtain revenue from ______.

A) multiple sources
B) government contracts solely
C) the sale of products and services
D) state taxes

Multiple Sources

Relying on or referring to more than one origin or point of information.

Government Contracts

Agreements entered into by government entities and private companies or individuals for the provision of goods, services, or execution of works.

State Taxes

Taxes imposed by individual states in a country, which can include income, sales, property, and other forms of taxation.

  • Grasp the financial realities and revenue sources for nonprofits alongside recent management evolutions driven by societal changes.
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noemi gonzalezMay 05, 2024
Final Answer :
A
Explanation :
Nonprofits typically obtain revenue from multiple sources, such as donations from individuals and corporations, grants from foundations and government agencies, and income from selling products or services. Government contracts may be one of many revenue sources, but it is unlikely to be the sole source for most nonprofits. Nonprofits do not receive state taxes, as they are tax-exempt organizations.

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