Wave (Nonprofit)

Wave is a free accounting solution that smaller nonprofits can adapt for basic bookkeeping. Users track income from donations or fundraisers, categorize expenses, and create financial statements. While it lacks specialized fund accounting, Wave does provide expense tracking and invoicing. Its user-friendly dashboard suits volunteer-led organizations with minimal staff. Integration with bank feeds automates transaction imports. Donor or event management requires external tools, but for core bookkeeping, Wave is a cost-effective option for nonprofits wanting essential accounting features with a friendly interface.