A fiscal year  is a one-year period of time that a non-profit  uses for accounting purposes and preparation of its financial statements.

For example, non-profits have their fiscal year aligned with the calendar year (January 1 to December 31) or government year end (March 31).

Other non-profits set their fiscal period to align with a natural break in their operations, such as a preschool  at the end of the session:  (June 30).