NPISHjärjestöistä

NPISHjärjestöistä is a Finnish term referring to Non-profit Institutions Serving Households (NPISH). These are institutional units whose non-market outputs are supplied to households free or at market prices that are not economically significant. NPISH are primarily engaged in the production of goods and services for individual consumption by households. Their income is primarily derived from voluntary payments in cash or in kind from other institutional units, or from property income.

Key characteristics of NPISH include their non-profit motive, meaning they do not aim to generate profit for their owners or members. Instead, any surplus they may generate is reinvested into their activities or used for their stated purposes. They operate independently of government and market forces, often relying on donations, grants, and membership fees to fund their operations.

Examples of NPISH include associations, clubs, charities, trade unions, professional organizations, and religious organizations. These entities play a significant role in civil society, providing a wide range of services and advocating for various interests within the household sector. They contribute to social cohesion, cultural development, and the provision of services that may not be adequately covered by either the market or government. Understanding NPISH is important for economic analysis, as they represent a distinct sector within the economy with unique operational and financial characteristics.