What are our data sources?
We use the data sources on the side for ranking solutions and awarding badges in nonprofit accounting software category. Our data sources in nonprofit accounting software category include;
Nonprofit accounting software is used by nonprofit organizations to track and manage their financial status. Nonprofit accounting tools help nonprofits manage donations, create reports for donors, and comply with regulations.
If you’d like to learn about the ecosystem consisting of Nonprofit Accounting Software and others, feel free to check AIMultiple SME / Other Industry Specific Software.
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We use the data sources on the side for ranking solutions and awarding badges in nonprofit accounting software category. Our data sources in nonprofit accounting software category include;
review websites
social media websites
search engine data for branded queries
According to the weighted combination of 7 data sources
Breeze
ChurchTrac
MIP Fund Accounting
Aplos
Financial Edge NXT
Taking into account the latest metrics outlined below, these are the current nonprofit accounting software market leaders. Market leaders are not the overall leaders since market leadership doesn’t take into account growth rate.
Breeze
ChurchTrac
Aplos
IconCMO
MIP Fund Accounting
These are the number of queries on search engines which include the brand name of the solution. Compared to other SME / Other Industry Specific Software categories, Nonprofit Accounting Software is more concentrated in terms of top 3 companies’ share of search queries. Top 3 companies receive 92%, 11% more than the average of search queries in this area.
23 employees work for a typical company in this solution category which is 2 more than the number of employees for a typical company in the average solution category.
In most cases, companies need at least 10 employees to serve other businesses with a proven tech product or service. 22 companies with >10 employees are offering nonprofit accounting software. Top 3 products are developed by companies with a total of 10k employees. The largest company building nonprofit accounting software is Intuit with more than 10,000 employees.
Taking into account the latest metrics outlined below, these are the fastest growing solutions:
Breeze
MIP Fund Accounting
Financial Edge NXT
ChurchTrac
CDM+
We have analyzed reviews published in the last months. These were published in 4 review platforms as well as vendor websites where the vendor had provided a testimonial from a client whom we could connect to a real person.
These solutions have the best combination of high ratings from reviews and number of reviews when we take into account all their recent reviews.
This data is collected from customer reviews for all Nonprofit Accounting Software companies. The most positive word describing Nonprofit Accounting Software is “Easy to use” that is used in 23% of the reviews. The most negative one is “Difficult” with which is used in 5.00% of all the Nonprofit Accounting Software reviews.
According to customer reviews, most common company size for nonprofit accounting software customers is 1-50 Employees. Customers with 1-50 Employees make up 61% of nonprofit accounting software customers. For an average SME / Other Industry Specific Software solution, customers with 1-50 Employees make up 30% of total customers.
These scores are the average scores collected from customer reviews for all Nonprofit Accounting Software. Nonprofit Accounting Software is most positively evaluated in terms of "Customer Service" but falls behind in "Likelihood to Recommend".
This category was searched on average for 1.3k times per month on search engines in 2022. This number has increased to 1.6k in 2023. If we compare with other sme / other industry specific software solutions, a typical solution was searched 566 times in 2022 and this increased to 720 in 2023.