Market Overview:
The global charity accounting software market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The market growth is attributed to the increasing adoption of cloud-based solutions, rising demand for automation in the charity sector, and growing need for compliance and risk management. Based on type, the global charity accounting software market is segmented into basic (priced -99/month), standard (priced -175/month), and senior (priced 5-300/month) segments. The standard segment is expected to account for the largest share of the global charity accounting software market in 2018. This segment is projected to grow at a CAGR of 11% from 2018 to 2030 due to its ability to manage complex financial operations with ease. Based on application, the global charity accounting software market is divided into arts and cultural organizations, faith communities, foundations, healthcare organizations, higher education institutions, and other segments. The healthcare organizations segment accounted for the largest share of the global Charity Accounting Software Market in 2017 owingtothe increasing demand for automationin this sectorfrom various countries acrossthe world .
Product Definition:
Charity accounting software is used to manage the financial transactions of a charity organization. It helps to keep track of donations, expenses, and other financial data. This software is important for charities because it allows them to efficiently manage their finances and make sure that all donations are accounted for.
Basic(-99/Month):
Basic is a free accounting software that comes with the basic set of features required to record donations and expenses. It's available for both PC and Mac OS X, and can be used on cloud or local server. The Basic plan is designed for small non-profit organizations, where users need only basic functions such as invoicing, managing memberships & subscriptions, tracking payments made out to vendors etc., all of which are useful in recording their donors' gifts.
Standard(-175/Month):
Standard is the pricing category which includes software priced at to 175 per month. The Standard segment includes both freemium and paid software. It also includes hybrid pricing models where a part of the functionality is free and another part requires payment.
Application Insights:
The arts and cultural organizations segment accounted for the largest share in the global charity accounting software market in 2017. This can be attributed to increasing government funding for various art institutions across the globe. For instance, The Andy Warhol Foundation received around USD 3 million from National Endowment of Arts (NEA) in 2016 to support its programs that focus on art education and preservation activities across colleges and universities. Similarly, The Museum of Contemporary Art (MOCA) Los Angeles has been granted funds worth more than USD 2 million by NEA between 2014-2016 to develop new exhibitions as well as expand its existing ones at a larger scale. Such initiatives are expected to drive demand over the forecast period thereby contributing towards growth of this segment significantly.
The foundations application segment is expected register significant growth over next few years owing to increased awareness about importance of foundation among individuals.
Regional Analysis:
North America dominated the global charity accounting software market in 2017. The region is expected to maintain its dominance over the forecast period as well. This can be attributed to increasing awareness about nonprofit organizations, high number of donors and volunteers, and growing need for efficient management of donations received by these organizations.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing government support for improving transparency in charities across countries such as India, China, Singapore, Thailand among others are expected drive regional demand during the forecast years from 2018 to 2030.
Growth Factors:
- Increasing demand for transparency and accountability in the nonprofit sector
- Growing number of nonprofit organizations
- Rising need for automation and streamlining of processes among nonprofits
- Proliferation of cloud-based solutions that make software accessible to a wider audience
- Increased focus on data analytics and reporting in the charity accounting software market
Scope Of The Report
Report Attributes
Report Details
Report Title
Charity Accounting Software Market Research Report
By Type
Basic($49-99/Month), Standard($99-175/Month), Senior($175-300/Month)
By Application
Arts and Cultural Organizations, Faith Communities, Foundations, Healthcare Organizations, Higher Education Institutions, Other
By Companies
Intuit, NetSuite, Sage Intacct, Aplos Software, Cougar Mountain Software, Pushpay, ZipBooks, Priority Software US, Araize, Community Brands, Zobrio, Blackbaud, NonProfitCentral, AccuFund, My Member Software, Open Systems, Sparkrock, NonProfitPlus, Red Wing Software
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Charity Accounting Software Market Report Segments:
The global Charity Accounting Software market is segmented on the basis of:
Types
Basic($49-99/Month), Standard($99-175/Month), Senior($175-300/Month)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Arts and Cultural Organizations, Faith Communities, Foundations, Healthcare Organizations, Higher Education Institutions, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Intuit
- NetSuite
- Sage Intacct
- Aplos Software
- Cougar Mountain Software
- Pushpay
- ZipBooks
- Priority Software US
- Araize
- Community Brands
- Zobrio
- Blackbaud
- NonProfitCentral
- AccuFund
- My Member Software
- Open Systems
- Sparkrock
- NonProfitPlus
- Red Wing Software
Highlights of The Charity Accounting Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Basic($49-99/Month)
- Standard($99-175/Month)
- Senior($175-300/Month)
- By Application:
- Arts and Cultural Organizations
- Faith Communities
- Foundations
- Healthcare Organizations
- Higher Education Institutions
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Charity Accounting Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Charity accounting software is a computer application that helps nonprofit organizations track their financial transactions and assets. It can also help the organization to manage their finances, including fundraising and budgeting.
Some of the major companies in the charity accounting software market are Intuit, NetSuite, Sage Intacct, Aplos Software, Cougar Mountain Software, Pushpay, ZipBooks, Priority Software US, Araize, Community Brands, Zobrio, Blackbaud, NonProfitCentral, AccuFund, My Member Software, Open Systems, Sparkrock, NonProfitPlus, Red Wing Software.
The charity accounting software market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Charity Accounting Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Charity Accounting Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Charity Accounting Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Charity Accounting Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Charity Accounting Software Market Size & Forecast, 2018-2028
4.5.1 Charity Accounting Software Market Size and Y-o-Y Growth
4.5.2 Charity Accounting Software Market Absolute $ Opportunity
Chapter 5 Global Charity Accounting Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Charity Accounting Software Market Size Forecast by Type
5.2.1 Basic($49-99/Month)
5.2.2 Standard($99-175/Month)
5.2.3 Senior($175-300/Month)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Charity Accounting Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Charity Accounting Software Market Size Forecast by Applications
6.2.1 Arts and Cultural Organizations
6.2.2 Faith Communities
6.2.3 Foundations
6.2.4 Healthcare Organizations
6.2.5 Higher Education Institutions
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Charity Accounting Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Charity Accounting Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Charity Accounting Software Analysis and Forecast
9.1 Introduction
9.2 North America Charity Accounting Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Charity Accounting Software Market Size Forecast by Type
9.6.1 Basic($49-99/Month)
9.6.2 Standard($99-175/Month)
9.6.3 Senior($175-300/Month)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Charity Accounting Software Market Size Forecast by Applications
9.10.1 Arts and Cultural Organizations
9.10.2 Faith Communities
9.10.3 Foundations
9.10.4 Healthcare Organizations
9.10.5 Higher Education Institutions
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Charity Accounting Software Analysis and Forecast
10.1 Introduction
10.2 Europe Charity Accounting Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Charity Accounting Software Market Size Forecast by Type
10.6.1 Basic($49-99/Month)
10.6.2 Standard($99-175/Month)
10.6.3 Senior($175-300/Month)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Charity Accounting Software Market Size Forecast by Applications
10.10.1 Arts and Cultural Organizations
10.10.2 Faith Communities
10.10.3 Foundations
10.10.4 Healthcare Organizations
10.10.5 Higher Education Institutions
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Charity Accounting Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Charity Accounting Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Charity Accounting Software Market Size Forecast by Type
11.6.1 Basic($49-99/Month)
11.6.2 Standard($99-175/Month)
11.6.3 Senior($175-300/Month)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Charity Accounting Software Market Size Forecast by Applications
11.10.1 Arts and Cultural Organizations
11.10.2 Faith Communities
11.10.3 Foundations
11.10.4 Healthcare Organizations
11.10.5 Higher Education Institutions
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Charity Accounting Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Charity Accounting Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Charity Accounting Software Market Size Forecast by Type
12.6.1 Basic($49-99/Month)
12.6.2 Standard($99-175/Month)
12.6.3 Senior($175-300/Month)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Charity Accounting Software Market Size Forecast by Applications
12.10.1 Arts and Cultural Organizations
12.10.2 Faith Communities
12.10.3 Foundations
12.10.4 Healthcare Organizations
12.10.5 Higher Education Institutions
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Charity Accounting Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Charity Accounting Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Charity Accounting Software Market Size Forecast by Type
13.6.1 Basic($49-99/Month)
13.6.2 Standard($99-175/Month)
13.6.3 Senior($175-300/Month)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Charity Accounting Software Market Size Forecast by Applications
13.10.1 Arts and Cultural Organizations
13.10.2 Faith Communities
13.10.3 Foundations
13.10.4 Healthcare Organizations
13.10.5 Higher Education Institutions
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Charity Accounting Software Market: Competitive Dashboard
14.2 Global Charity Accounting Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Intuit
14.3.2 NetSuite
14.3.3 Sage Intacct
14.3.4 Aplos Software
14.3.5 Cougar Mountain Software
14.3.6 Pushpay
14.3.7 ZipBooks
14.3.8 Priority Software US
14.3.9 Araize
14.3.10 Community Brands
14.3.11 Zobrio
14.3.12 Blackbaud
14.3.13 NonProfitCentral
14.3.14 AccuFund
14.3.15 My Member Software
14.3.16 Open Systems
14.3.17 Sparkrock
14.3.18 NonProfitPlus
14.3.19 Red Wing Software
