5 Free or Low-Cost Accounting Software Options for Nonprofits

Accounting software for nonprofit organizations needs to be able to accurately handle contributions from donors, grants, investments, and fundraising events, and produce reports that make submitting IRS Form 990 and other tax reporting easier. Thankfully, some low-cost and free options are available for nonprofits that don't have a lot of money to spend on specialized accounting software.

The information and prices here were accurate as of September 2018. 


Brazilian woman paying bills online
Blend Images - JGI/Jamie Grill / Getty Images

Accounts is Windows-based software with a small set of features designed specifically for small nonprofit organizations. The software offers basic bookkeeping and easy, automated fund accounting that does not require journal entries to keep an accurate balance. 

New nonprofits can create their own chart of accounts or choose from one of many samples. The single-user version of Accounts can be used on multiple computers, but the database will have to be copied between computers. The network version supports up to five users on a local area network or using the internet, with simultaneous access to the database.

The software includes:

  • Income and expense tracking
  • Fund balance tracking
  • 15 reports that can be exported as PDF, Excel, and CSV files
  • Annual budgeting
  • Accounts payable
  • Check printing
  • Support for multiple organizations on one computer
  • Deposit importing from Donation software
  • Simple data backup with reminders

Cost: For one user it's $130 for the first year, then $65 each year for renewals. For up to five users, it's $220 for the first year and $110 for subsequent yearly renewals.

Free trial: 60 days

Platform: Windows compatible

Support: Ongoing with renewals


Cropped Hands Of Businesswoman Writing On Document At Table In Office
Chatchai Chaihan / EyeEm / Getty Images

Aplos is customizable online accounting software specifically designed for nonprofit organizations. The subscription includes all of the basic features you need for nonprofit accounting, and you can upgrade to include additional features. Different feature configurations are available by organization type: churches, nonprofits, headquarters, and accountants.

A basic subscription includes the following features:

  • Fund accounting 
  • Budgeting
  • Fundraising platform
  • Donor database
  • Online donations and donor portal
  • Donation growth tools
  • Pledge tracking tools
  • Donation receipts and donor statements
  • Reporting
  • Mail-merge letter and email builder
  • Event registration and ticket sales

Upgrades include advanced accounting, integrated payroll, and bookkeeping services. 

Cost: Businesses that were founded in the last six months or have less than $50,000 in annual revenue pay $24 per month for one user. Otherwise, prices start at $49 per month for one user, $79 per month for two to five users, and $199 per month for six to 10 users for the basic features.

Free trial: No

Platform: Online

Support: Ongoing

Araize FastFund Accounting

Businessman handing tablet pen and start up writing message. brainstorm Blurred background
skaman306 / Getty Images

Ariaze FastFund Accounting software was specifically designed for nonprofits by CPAs that specialize in auditing nonprofits. The company offers free and paid online training modules and free weekly training webinars for registered users, as well as additional private training for $100 an hour.

The standard version of the online software includes:

  • Cash receipts
  • Cash disbursements
  • Check printing
  • Bank reconciliations
  • Budgeting
  • Project accounting
  • Financial statements
  • Customizable, compliant reports
  • Custom filters
  • Audit trails

The premium version offers accounts receivable, accounts payable, and cost allocations. The company also offers fundraising and payroll software for an additional cost. 

Cost: One user costs $38 per month for the standard edition and $85 per month for the premium version. Add up to four more users for an additional $30 a month.  

Free trial: 30 days

Platform: Online

Support: Ongoing 


Intuit Quickbooks Online

Stock exchange market trading graph over the screen of computer laptop on wood table over the photo blurred of trading graph background, business marketing trade concept
Photographer is my life. / Getty Images

Although Intuit Quickbooks Online wasn't made specifically for them, nonprofits still find the program useful. The online software integrates with nonprofit applications such as NeonCRM, DonorPath, and Kindful. 

Intuit Quickbooks Online is available in three tiers: Simple Start, Essentials, and Plus. The version your organization should buy depends on which features it needs and how people will be using it, but Intuit recommends using the Plus version so that you can customize it to your nonprofit. 

The Simple Start version allows you to:

  • Track income and expenses
  • Capture and organize receipts
  • Maximize tax deductions
  • Track and accept payments and donations
  • Run reports

The more advanced versions including the ability to track employee hours, pay employees, organize donors, and more.  

Cost: Simple Start, for one user, is $10 per month; Essentials, for up to three users, is $17 per month; and Plus, for up to five users, is $30 per month. 

Free trial: 30 days 

Platform: Online 

Support: Ongoing 

Nonprofit Treasurer

Graph on rows of coins for finance and banking on digital stock market financial exchange and Trading graph
Busakorn Pongparnit / Getty Images

Nonprofit Treasurer was designed specifically for nonprofits and charities. The simple online accounting software is meant to be an upgrade from using spreadsheets. Account setup was designed to take less than 10 minutes. 

Nonprofit Treasurer supports multiple users and even allows revoking of credentials when someone leaves an organization. The free software includes: 

  • One-click reporting
  • Transaction importing
  • Financial reporting and budgeting based on your organization's fiscal year
  • Expense tracking
  • Income attribution
  • Option to accept payments online

Cost: Free

Platform: Online 

Support: Limited