This list of top accounting software for nonprofits will help you to find the right tool for your organization. With this review we made it easy for you to choose the FREE accounting software that will help you handle efficiently all your accounting and financial records, as well as give you more time to focus on fundraising, managing your team and being more effective. In fact we believe some of the best ERP systems available today are great options on a budget and very easy to start using without any previous training.
As a nonprofit, you want to be as efficient as possible. That’s why choosing the right accounting software for your organization is key. Accruent Nonprofit Software has been helping nonprofits of all sizes handle financial operations & reporting for over 20 years, and we’re continually innovating to make sure you can focus on advancing your mission rather than worrying about your budgets or fundraising.
Sumac by Silent Partner
For nonprofit organizations that need customizable donation tracking and donor management tools, Sumac is our top choice in our review. With affordable pricing, free training sessions, and built-in email marketing, Sumac is a powerful fundraising tool.Pros
- Affordable pricing and different packages available
- Staff and volunteers can access databases simultaneously from anywhere
- Customizable donor profiles
Cons
- Does not include general accounting capabilities
- Implementation services and data migration may be an additional cost
- Additional training costs $150 per hour
Many small and midsize nonprofit organizations have excellent accounting software and keep their financials in good order, but need help when it comes to donor management and donation tracking. If you’re relying on multiple spreadsheets or outdated databases, Sumac can be an affordable upgrade that can streamline how you work with your constituents.
Sumac was launched in 2003 and supports thousands of nonprofit professionals around the world. In 2018, Sumac became part of Silent Partner Software Inc and is offered alongside other products like PartnerHR.
With Sumac’s fundraising program, staff can access critical data from anywhere, and they can view databases at the same time, so they always have the most up-to-date information. The program allows you to create customizable donor profiles so you can adjust fields to meet your organization’s needs.
Within Sumac, you can see each donor’s history with your organization, including past donations and communications. You can also create reminders to follow up with key donors.
Donation details can be converted into ledger entries and reports for your bookkeeper or accountant, and you can craft summarized annual giving reports.
The price for Sumac ranges from $35 per month to $250 and up per month, depending on your organization’s needs and number of records. Other services, like online donation acceptance, website management, and course registration require additional fees. With your fee, you get free training. If you need additional training, you’ll have to pay $150 per hour.
Sumac has a 4.3-star rating on Capterra.
NonProfitPlus: Most scalable
Most scalable accounting softwareNonProfitPlus
3.9
- Contact for quote
Fund and encumbrance accounting
Multicurrency and multiple user support
Donation tracking and reports
NonProfitPlus’s accounting package includes donor management, board management, and unlimited users for easier delegation. It also offers both fund-based and encumbrance accounting, which makes for easier budget tracking. With so many features, NonProfitPlus is super scalable: as your organization grows, more NonProfitPlus features (for instance, delegation and time tracking) become relevant.
Unlike most software for nonprofits, NonProfitPlus includes inventory management, which is crucial if you stock merchandise (like T-shirts and mugs) to raise money or reward donors. On the other hand, NonProfitPlus doesn’t list any pricing on its site—as with Sage Intacct, you have to get in touch with a representative for a quote. Customers report paying more than $600 a month for NonProfitPlus’s full suite of features, so if you’re looking for affordable nonprofit software, NonProfitPlus probably isn’t it.
MIP Fund Accounting
Nonprofit Accounting Software Overview
MIP Fund Accounting is the preferred nonprofit fund accounting and financial management software for planning and managing budgets, maximizing grants, managing HR, and producing reports.
MIP Fund Accounting helps nonprofits track and report individual funds from multiple sources. They also comply with FASB, GASB, and other reporting requirements.
MIP was recently awarded a Top Rating from Trust Radius and five stars from CP Practice Advisor.
Why We Love this Nonprofit Accounting Software
MIP Fund Accounting can change and grow with your organization through your most difficult fund accounting, human capital management, and payroll challenges.
Pricing of this Nonprofit Accounting Software
Contact MIP Fund Accounting for a quote for their accounting software.
Learn more about MIP Fund Accounting.
File 990
Nonprofit Accounting Software Overview
File 990 helps nonprofit financial departments save time and money by facilitating the filing of tax forms.
Nonprofits must file their annual Form 990 in order to maintain their tax exempt status, which saves tons of money every year.
Software like File 990 helps organizations ensure their information is complete and on-time year after year.
Why We Love this Nonprofit Accounting Software
File 990 makes it easy to file your nonprofit tax returns in minutes rather than hours. All you need to do is answer a few simple questions, then let the software do the rest!
Pricing of this Nonprofit Accounting Software
File your Form 990-N for $39.95 or your 990 EZ for $49.95.
Aplos
Nonprofit Accounting Software Overview
Aplos offers accounting, online donations, reporting, and contributions management.
Their accounting packages include features such as fund accounting, check printing, and journal entry.
Aplos has 1 GB of storage and maintains PCI compliance in all of their plans. There is no software to install, and there are free regular updates.
Why We Love this Nonprofit Accounting Software
The regular (and free!) updates ensure that your organization is always ahead of the accounting curve.
Pricing of this Nonprofit Accounting Software
Packages range from $25 a month to $120 a month depending on a nonprofit’s needs.
Conclusion
Nonprofit organizations are required to produce and save documentation for their jobs, investments, and projects. Different from for-profit businesses, non-profits organizations don’t use accounting software like QuickBooks. It is a pain for nonprofit organizations to start using rather complex accounting application because they need to learn the basic of accounting from zero level which consumes time as well as money.