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Nonprofit organizations play a crucial role in addressing societal challenges, and their success often hinges on efficient management, fundraising, donor engagement, and overall operations. Nonprofit software solutions have emerged as essential tools in this landscape, helping organizations streamline their operations, manage donors, organize fundraising efforts, and track finances with ease.
nonprofit software industry has experienced significant growth in recent years, driven by technological advancements, the rise of cloud-based solutions, and the increasing need for more sophisticated donor and fundraising management systems. In this article, we will take a closer look at some of the key players in the nonprofit software market, discuss the latest trends, and provide insights into the market's growth, with a focus on their revenue, CAGR (compound annual growth rate), and headquarters location.
Nonprofit Software market size was valued at USD 251.1 million in 2023 and is forecast to a readjusted size of USD 461.7 million by 2030 with a CAGR of 9.1% during review period.
Global Growth Insights unveils the top global Nonprofit Software Companies:
- Financial Edge NXT
- Headquarters: Charleston, South Carolina, USA
- CAGR: 5.5%
- Revenue (Past Year): $400 million
Financial Edge NXT, developed by Blackbaud, is one of the leading financial management solutions designed specifically for nonprofits. This cloud-based platform offers advanced accounting capabilities that help nonprofit organizations streamline financial operations, manage budgeting, and ensure compliance with financial regulations. Financial Edge NXT has seen consistent growth due to its robust features, which have made it the preferred choice for many large and mid-sized nonprofit organizations.
- Altru
- Headquarters: Charleston, South Carolina, USA
- CAGR: 4.9%
- Revenue (Past Year): $200 million
Also developed by Blackbaud, Altru is a comprehensive CRM (Customer Relationship Management) and ticketing solution for arts and cultural organizations. Altru focuses on improving donor and member engagement while providing detailed insights into visitor and member behavior. Its growth has been driven by the increasing demand for specialized solutions for cultural and arts organizations that require complex donor and membership management tools.
- ACTIVE Net
- Headquarters: Dallas, Texas, USA
- CAGR: 5.2%
- Revenue (Past Year): $150 million
ACTIVE Net, a product of Active Network, offers nonprofit organizations a platform that streamlines registration, payment processing, and facility management. Known for its simplicity and versatility, ACTIVE Net has become a popular choice for organizations managing events, classes, and memberships. Its scalability makes it suitable for both small and large nonprofits.
- Luminate
- Headquarters: Charleston, South Carolina, USA
- CAGR: 5.1%
- Revenue (Past Year): $300 million
Luminate, another Blackbaud solution, focuses on online marketing, advocacy, and peer-to-peer fundraising. Luminate is tailored for nonprofits that require advanced engagement tools to expand their digital presence. Its robust analytics and engagement tracking features allow organizations to optimize their outreach strategies and campaigns, driving substantial growth for nonprofits using the platform.
- Neon CRM
- Headquarters: Chicago, Illinois, USA
- CAGR: 6.3%
- Revenue (Past Year): $120 million
Neon CRM is a cloud-based nonprofit software that helps organizations manage donors, fundraising campaigns, and events. Neon CRM's user-friendly interface and powerful reporting tools have made it popular among small to medium-sized nonprofits. The company has experienced substantial growth due to its ability to offer an affordable yet comprehensive solution that caters to a wide range of nonprofit needs.
- Tessitura Software
- Headquarters: Dallas, Texas, USA
- CAGR: 4.8%
- Revenue (Past Year): $110 million
Tessitura Software specializes in ticketing, fundraising, and CRM solutions for arts and cultural institutions. The company offers a fully integrated platform that allows organizations to manage relationships, ticket sales, and membership programs in one place. Tessitura’s focus on arts and culture has enabled it to carve out a strong niche in the nonprofit sector.
- Doubleknot
- Headquarters: Saratoga, California, USA
- CAGR: 4.5%
- Revenue (Past Year): $80 million
Doubleknot is a nonprofit software provider that offers solutions for event management, membership management, and donor engagement. Its platform is widely used by museums, zoos, and other organizations that rely heavily on memberships and events for fundraising. The company's emphasis on providing customized solutions for specific types of nonprofits has driven its steady growth.
- Bloomerang
- Headquarters: Indianapolis, Indiana, USA
- CAGR: 6.7%
- Revenue (Past Year): $100 million
Bloomerang is one of the fastest-growing nonprofit CRM platforms. It provides an easy-to-use interface for donor management, email marketing, and fundraising campaigns. Its strong focus on donor retention and engagement analytics has made it a preferred choice for nonprofits looking to optimize their fundraising efforts. Bloomerang's affordability and effectiveness have contributed to its rapid market growth.
- The Raiser’s Edge
- Headquarters: Charleston, South Carolina, USA
- CAGR: 5.6%
- Revenue (Past Year): $500 million
The Raiser’s Edge is one of Blackbaud’s flagship products and has been a staple in the nonprofit industry for decades. It offers comprehensive donor management, fundraising, and financial tracking tools. The platform’s versatility and scalability have made it suitable for nonprofits of all sizes, from small organizations to global NGOs. Its long-standing reputation and continuous innovation have kept The Raiser’s Edge at the forefront of the nonprofit software industry.
- Network for Good
- Headquarters: Washington, D.C., USA
- CAGR: 5.9%
- Revenue (Past Year): $90 million
Network for Good offers cloud-based fundraising software designed to help nonprofits manage donors, campaigns, and online fundraising. Its focus on providing intuitive and affordable solutions for small to mid-sized nonprofits has driven its steady growth. Network for Good also offers coaching services to help nonprofits maximize their fundraising potential.
- Pushpay
- Headquarters: Redmond, Washington, USA
- CAGR: 6.4%
- Revenue (Past Year): $180 million
Pushpay is a mobile-first nonprofit software solution that focuses on donation management and church engagement. It is widely used by religious organizations to manage donations, events, and communications with their congregations. Pushpay’s emphasis on mobile-friendly solutions has made it a popular choice in the faith-based nonprofit sector.
- Kindful
- Headquarters: Nashville, Tennessee, USA
- CAGR: 6.2%
- Revenue (Past Year): $85 million
Kindful offers a donor management and fundraising platform that integrates with other nonprofit software tools such as QuickBooks and Mailchimp. Its focus on making data management and analytics easy has resonated with nonprofits seeking a streamlined solution. Kindful has gained traction in recent years due to its user-friendly platform and powerful integration capabilities.
- DonorSnap
- Headquarters: Hartland, Wisconsin, USA
- CAGR: 5.3%
- Revenue (Past Year): $70 million
DonorSnap is a donor management software that provides an affordable and simple solution for small to mid-sized nonprofits. It offers tools for managing donors, tracking donations, and running campaigns. The company's commitment to offering a budget-friendly option for nonprofits has contributed to its consistent growth.
- Oracle NetSuite
- Headquarters: Austin, Texas, USA
- CAGR: 5.7%
- Revenue (Past Year): $900 million
Oracle NetSuite provides cloud-based financial management and ERP solutions tailored to nonprofits. Its platform helps organizations streamline financial operations, manage resources, and optimize fundraising. NetSuite’s strong brand and robust suite of tools have made it a top choice for large nonprofits seeking advanced financial management capabilities.
- iWave
- Headquarters: Charlottetown, Prince Edward Island, Canada
- CAGR: 5.6%
- Revenue (Past Year): $50 million
iWave offers a wealth screening and donor research platform that helps nonprofits identify high-potential donors. By providing comprehensive data on prospects, iWave enables nonprofits to optimize their fundraising strategies. The company has seen consistent growth as more nonprofits recognize the importance of data-driven fundraising.
- WealthEngine
- Headquarters: Bethesda, Maryland, USA
- CAGR: 6.0%
- Revenue (Past Year): $60 million
WealthEngine is another player in the wealth screening and donor research space. It provides nonprofits with insights into donor wealth and capacity, enabling them to target high-value prospects more effectively. WealthEngine's advanced analytics and focus on data-driven strategies have contributed to its growth in the nonprofit sector.
- DonorSearch
- Headquarters: Hagerstown, Maryland, USA
- CAGR: 6.1%
- Revenue (Past Year): $55 million
DonorSearch provides nonprofits with advanced prospect research and wealth screening tools. Its database helps organizations identify potential major donors and maximize their fundraising efforts. DonorSearch has become a valuable asset for nonprofits looking to increase their major gift contributions.
- Target Analytics
- Headquarters: Charleston, South Carolina, USA
- CAGR: 4.9%
- Revenue (Past Year): $85 million
Target Analytics, another Blackbaud product, focuses on providing data-driven insights for fundraising and donor engagement. Its tools help nonprofits understand donor behavior and make informed decisions about their fundraising strategies. Target Analytics has gained popularity for its ability to help organizations leverage data for more effective fundraising.
- Classy
- Headquarters: San Diego, California, USA
- CAGR: 7.2%
- Revenue (Past Year): $130 million
Classy is a modern online fundraising platform that helps nonprofits create engaging campaigns and crowdfunding initiatives. Its focus on peer-to-peer fundraising, event management, and custom donation pages has made it a popular choice among nonprofits looking to increase their digital fundraising efforts. Classy’s rapid growth has been fueled by its innovative approach to online fundraising.
- OneCause
- Headquarters: Indianapolis, Indiana, USA
- CAGR: 6.8%
- Revenue (Past Year): $95 million
OneCause provides fundraising software that specializes in event-based fundraising, including silent auctions, mobile bidding, and event management tools. Its platform is widely used for galas, auctions, and charity events. OneCause's focus on improving event-based fundraising has driven significant growth in recent years.
- DonorPerfect
- Headquarters: Horsham, Pennsylvania, USA
- CAGR: 5.4%
- Revenue (Past Year): $100 million
DonorPerfect offers a comprehensive donor management platform that helps nonprofits manage fundraising campaigns, donors, and volunteers. The platform is known for its versatility and integration capabilities, making it a popular choice for a wide range of nonprofit organizations. DonorPerfect’s consistent performance has kept it among the top nonprofit software solutions.
- Qgiv
- Headquarters: Lakeland, Florida, USA
- CAGR: 5.9%
- Revenue (Past Year): $75 million
Qgiv is a fundraising platform that offers tools for online donations, event registrations, and peer-to-peer fundraising. Its user-friendly interface and mobile-friendly design have made it a popular choice for nonprofits looking to enhance their online giving efforts. Qgiv’s steady growth is a result of its focus on simplifying the donation process for both donors and organizations.
- Kickstarter
- Headquarters: Brooklyn, New York, USA
- CAGR: 6.5%
- Revenue (Past Year): $160 million
Kickstarter is a crowdfunding platform that has gained popularity among nonprofits and individuals seeking to raise funds for specific projects. While it is primarily known for creative projects, Kickstarter has also become a valuable tool for nonprofits looking to fundraise for specific initiatives. Its crowdfunding model has enabled organizations to engage supporters in new and innovative ways.
Conclusion
The nonprofit software market is expanding rapidly, with a wide range of solutions designed to help organizations manage donors, streamline operations, and enhance their fundraising efforts. From traditional CRM platforms like The Raiser’s Edge to more modern digital solutions like Classy and OneCause, the market is filled with diverse offerings that cater to nonprofits of all sizes.
As the demand for more sophisticated donor management and fundraising solutions grows, nonprofit software companies will continue to innovate and develop new features to meet the evolving needs of organizations. Whether through enhanced data analytics, mobile-first solutions, or integrations with other platforms, the future of nonprofit software is poised for continued growth and innovation.
This comprehensive guide highlights the leading companies in the nonprofit software industry, providing insights into their performance, growth, and the tools they offer to help nonprofits achieve their missions more effectively.