Nonprofit institutions serving households sector
3.47. The NPISH sector comprises all resident non-market NPIs that are not controlled and not mainly financed by government. Such NPIs provide goods and services to households free or at prices that are not economically significant. Two types of NPIs are included in the sector:
- NPIs that are mainly financed from household member subscriptions and produce benefits primarily for the household members. Such NPIs include professional or learned societies, political parties, trade unions, consumers' associations, churches and religious societies, and social, cultural, recreational and sports clubs.
- Charities, relief and aid agencies that are created for philanthropic purposes and not to serve the interests of the members, and are financed mainly from donations or government grants. Such NPIs provide goods or services free or at economically insignificant prices to households in need.