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Sagot :
Revenue sources for nonprofit organizations include subscriptions, membership fees, donations, and so on. The sources of revenue for for-profit organizations are sales of goods and services. Even the seed capital for nonprofit organizations is provided by the government in the form of grants, donations from HNI (high net-worth individuals), and so on.
In contrast, in for-profit organizations, seed capital is typically provided by partners or business owners. The total amount of income generated by the sale of goods and services related to the company's primary operations is referred to as revenue. Because it appears at the top of the income statement, revenue is also known as gross sales.
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