Is the Library Company a for Profit Institution?

Robinson Crusoe could be looked upon as a how to book, how to survive in case you're overtaken by pirates. So that's an excellent point about a useful, another way that books can be useful. And my second follow up question is, it has to deal with the library company's name. You mentioned that in order to become a member, you had to pay a subscription fee. Is that why the library company is called the library company and not a library?