Best Accounting Software for Nonprofits 2026
Updated April 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.