Best Accounting Software for Nonprofits 2026
Nonprofits need fund accounting, donor tracking, grant management, and the ability to generate reports for boards and funders. Nonprofit discounts help tight budgets.
QuickBooks
$30/moMost used by nonprofits. Nonprofit-specific features, class tracking for fund accounting, and the broadest ecosystem of nonprofit add-ons. Many grant funders expect QuickBooks reports. Discount available for nonprofits.
Wave
FreeFree accounting for budget-constrained nonprofits. Many small nonprofits can't justify $30/mo for accounting. Wave handles basic nonprofit accounting for free — invoicing, expense tracking, and financial reports.
Xero
$15/moClean reporting for boards and funders. Tracking categories work for fund accounting. Beautiful financial reports that look professional in board meetings. Nonprofit discount available.