Free List Of Top 10 Nonprofit Accounting Software Companies
Nonprofit organizations play a crucial role in addressing social and community needs. In order to effectively manage their financial resources, nonprofit organizations require robust accounting software that meets their specific needs. This article provides an overview of the top 10 nonprofit accounting software companies in the US, offering a brief look at their sector, year founded, annual revenue, short description, and a link to their respective websites.
Overview of Nonprofit Accounting Software Companies
1. Blackbaud
– Sector: Technology
– Year Founded: 1981
– Annual Revenue: $900 million
– Description: Blackbaud offers comprehensive financial management solutions designed specifically for nonprofit organizations. Their software allows for efficient budgeting, grant management, and compliance tracking.
– [Blackbaud](https://www.blackbaud.com/)
2. Sage Intacct
– Sector: Software
– Year Founded: 1999
– Annual Revenue: $850 million
– Description: Sage Intacct’s cloud-based accounting software delivers powerful nonprofit financial management tools, including real-time visibility into funds, compliance management, and integration with other nonprofit solutions.
– [Sage Intacct](https://www.sageintacct.com/)
3. Abila MIP Fund Accounting
– Sector: Finance
– Year Founded: 1982
– Annual Revenue: $200 million
– Description: Abila MIP Fund Accounting provides fund tracking, budgeting, and grant management tailored to nonprofit organizations. Its user-friendly interface and comprehensive reporting make it a popular choice.
– [Abila MIP Fund Accounting](https://www.abila.com/)
4. Aplos
– Sector: Technology
– Year Founded: 2009
– Annual Revenue: $25 million
– Description: Aplos provides easy-to-use, web-based accounting software designed for nonprofit and church organizations. It offers fund accounting, online donations, and donor management capabilities.
– [Aplos](https://www.aplos.com/)
5. QuickBooks Nonprofit
– Sector: Software
– Year Founded: 1983
– Annual Revenue: $5 billion
– Description: QuickBooks Nonprofit edition offers a simplified accounting solution for small to mid-sized nonprofit organizations. It provides tools for managing donations, grants, and expenses.
– [QuickBooks Nonprofit](https://quickbooks.intuit.com/nonprofit/)
6. Financial Edge NXT
– Sector: Technology
– Year Founded: 2000
– Annual Revenue: $1.2 billion
– Description: Financial Edge NXT from Blackbaud offers cloud-based nonprofit accounting software with built-in compliance and reporting functions. It is designed to streamline financial processes for nonprofits.
– [Financial Edge NXT](https://www.blackbaud.com/products/financial-edge-nxt)
7. NetSuite
– Sector: Software
– Year Founded: 1998
– Annual Revenue: $3.2 billion
– Description: NetSuite’s cloud-based financial management solution provides nonprofit organizations with tools for budgeting, grant accounting, and real-time financial reporting.
– [NetSuite](https://www.netsuite.com/portal/industries/nonprofit.shtml)
8. Araize FastFund Accounting
– Sector: Technology
– Year Founded: 1990
– Annual Revenue: $15 million
– Description: Araize FastFund Accounting offers comprehensive accounting, grant management, and fundraising tools for nonprofit organizations. Its customizable reports cater to the specific needs of nonprofits.
– [Araize FastFund Accounting](https://www.araize.com/)
9. Wave Accounting
– Sector: Software
– Year Founded: 2009
– Annual Revenue: N/A (privately held)
– Description: Wave Accounting provides free, cloud-based accounting software designed for small businesses and nonprofit organizations. It offers features such as income and expense tracking, invoicing, and reporting.
– [Wave Accounting](https://www.waveapps.com/)
10. MIP Fund Accounting
– Sector: Finance
– Year Founded: 1982
– Annual Revenue: N/A (part of Community Brands)
– Description: MIP Fund Accounting, backed by Community Brands, offers a comprehensive fund accounting software solution for nonprofit financial management, including budgeting, grant tracking, and financial reporting.
– [MIP Fund Accounting](https://www.communitybrands.com/products/mip-fund-accounting/)
Final thoughts
Nonprofit accounting software plays a vital role in helping organizations efficiently manage their financial resources and maintain transparency in their operations. The top 10 nonprofit accounting software companies in the US offer a range of solutions tailored to the specific needs of nonprofit organizations, allowing them to effectively address their accounting and financial management requirements.