20 Best Accounting Software for Nonprofits

Nonprofits need fund accounting — tracking money by restricted grant or program rather than one general ledger — which most for-profit accounting software simply doesn't do. Here are 20 tools built with that in mind, plus a few general tools that adapt well.

Small nonprofits and charities

• myBooks — flat-rate accounting with expense tagging that can be organized by fund or program for smaller nonprofits and community organizations.
• Wave — free accounting, a common starting point for volunteer-run organizations.
• ACCOUNTS by Software4Nonprofits — built specifically for small nonprofit fund accounting.
• IconCMO — nonprofit and church management with fund accounting built in.
• ChurchTrac — accounting and membership management for churches specifically.
• Zoho Books — general accounting that can be configured for basic fund tracking.

Mid-size nonprofits

• Aplos — fund accounting and donor management built specifically for nonprofits.
• QuickBooks Enterprise Nonprofit — nonprofit-specific chart of accounts and reporting on the QuickBooks platform.
• Araize FastFund — fund accounting, payroll, and fundraising in one nonprofit-focused suite.
• MIP Fund Accounting (Abila) — established fund accounting software for growing nonprofits.
• Xero + nonprofit add-ons — general accounting extended with nonprofit-focused apps.
• NonProfitPlus — fund accounting built on the Acumatica cloud ERP platform.

Large nonprofits and foundations

• Sage Intacct for Nonprofits — cloud fund accounting with grant tracking and multi-entity reporting.
• Blackbaud Financial Edge NXT — a leading platform for large nonprofit financial management.
• NetSuite for Nonprofits — full ERP with fund accounting and grant management for larger organizations.
• Serenic Navigator — fund accounting built on Microsoft Dynamics for larger nonprofits and NGOs.
• Workday Adaptive Planning for Nonprofits — budgeting and planning layered on top of fund accounting.
• Unit4 (formerly Agresso) — ERP with strong grant and fund reporting for large organizations.
• Oracle NetSuite Grant Management — grant-specific tracking within a full ERP suite.

What actually matters here

Confirm the tool can produce a Statement of Functional Expenses and track restricted vs. unrestricted funds — those two things separate real fund accounting software from general bookkeeping tools with a nonprofit label slapped on. For a small or mid-size nonprofit not yet ready for a dedicated fund accounting platform's cost and complexity, myBooks' expense tagging can approximate fund tracking until you outgrow it.