Nonprofits are more than just innocuous modest entities, they actually do serve a very distinct purpose of making the world a better place. Their indispensable value is integral towards enhancing and bolstering the overall functioning of the economy; providing employment and a source of income to many. The vast economic contributions of Nonprofits are evident and their impact is undeniably far-reaching and vital to the Nigerian economy. Under this category, Nonprofits can raise funds for their various causes .