12+ Top Nonprofit Accounting Firms & How to Choose One

Tuesday, February 11, 2025

Nonprofit accounting is a unique beast. Due to your organization’s tax-exempt status, it’s subject to many financial rules and regulations that for-profit businesses aren’t. Plus, rather than trying to turn a profit, the goal of nonprofit accounting is to allocate your resources in the best possible way to further your mission.

To ensure your organization manages its finances properly, it’s important to work with financial professionals who have experience in the nonprofit sector, since they’ll understand the uniqueness of your situation more deeply. While many larger nonprofits hire an accountant in-house, small to mid-sized organizations often find that outsourcing to a nonprofit accounting firm is better suited to their needs and budget.

In this guide, we’ll discuss why and how to outsource your nonprofit’s accounting services before diving into our picks for the top nonprofit accounting firms:

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Why outsource your nonprofit’s accounting services?

When it comes to working with an accountant, your nonprofit generally has three options:

• Hiring in-house: This is a good choice for large nonprofits with numerous financial needs that require a dedicated staff member to manage, but it’s time-consuming and expensive.
• Receiving an in-kind donation of accounting services: This route is beneficial for small, brand-new nonprofits to get professional help at no cost, although it isn’t sustainable long-term.
• Outsourcing: This is the option we generally recommend, as it provides organizations of various sizes with access to consistent accounting expertise for a significantly lower cost than hiring—it’s a win-win!

Besides the reduced cost, outsourcing allows your nonprofit to get input on its financial situation from a whole team of accountants with different perspectives. Plus, most firms work with a wide variety of nonprofits, so if your organization has an accounting problem, they’ve probably seen something similar before and can use their experience to help you solve it.

What should you look for in a nonprofit accounting firm?

Once you’ve decided to outsource your nonprofit’s accounting needs, the next hurdle is to find the firm that’s the best fit for your organization. Here are some qualities you should consider during your search:

• A nonprofit-specific focus to ensure you get the experience and expertise discussed above.
• The ability to meet your organization’s goals, whether you want help preparing for an audit, managing grants, or simply filing your annual tax returns.
• Other types of financial services, such as bookkeeping and strategic advising, so you can go to them for both large-scale and everyday concerns.
• Alignment with your organization’s budget to ensure you make the most of your resources with this investment.

Additionally, your nonprofit’s leaders and board members need to be able to collaborate effectively with your outsourced accounting team, since communication will be essential for a successful partnership. After narrowing down your list by researching online, reading reviews, and asking for recommendations, meet with your top candidates to assess the fit between your organizations before you make your final decision.

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Top Nonprofit Accounting Firms to Consider

Now that we’ve laid the foundation for how to choose a nonprofit accounting firm, let’s dive into our favorite outsourced accounting firms and services.

Jitasa: Best Overall Nonprofit Accounting Firm

We may be a little biased, but our top choice for outsourced nonprofit accounting is Jitasa. Our experienced team works exclusively with nonprofits, so we have experience navigating your organization’s needs and will provide personalized services designed to improve your efficiency and effectiveness.

When you partner with Jitasa, you’ll receive:

• A fully staffed accounting and bookkeeping team so you can get service whenever you need it, led by a dedicated associate who understands your situation inside and out.
• Access to expertise—not only from our accountants and bookkeepers, but also through the Jitasa Strategic Advisory Team (J-SAT), which provides add-on fractional CFO services.
• Enhanced internal controls, since your organization’s financial security is our team’s top priority.
• Software setup and data migration to QuickBooks Online so you have the tools you need to work with us on effective recordkeeping and reporting.

Our team will help you with everything from day-to-day data entry and allocation to year-end tax filings and financial statement creation. “Jitasa” means the spirit of serving others, which is what drives our team to help nonprofits make meaningful differences in their communities through effective financial management.

Access affordable, scalable, expert nonprofit accounting services by partnering with Jitasa.

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File 990

For small nonprofits that are just looking for help filling out Form 990-EZ or 990-N, File 990 is an effective solution. While this isn't a full accounting firm, it’ll help you take care of this one key need and maintain your 501(c)(3) status for another year.

File 990 boils down the complex parts of these tax documents into simple questions for your team to answer. Then, the software auto-completes the form and allows you to e-file your organization’s annual tax return right then and there.

GrowthForce

GrowthForce offers bookkeeping, accounting, and financial advisory services for both businesses and nonprofits. Every GrowthForce client is assigned a three-person team to manage its unique accounting situation.

Similar to Jitasa, GrowthForce will also get your organization started with QuickBooks and develop workflows to make the most of this solution. Because they offer extensive solutions (accompanied by a custom price tag), this accounting firm is an excellent choice for larger nonprofits.

EBS Chartered Accountants

EBS Chartered Accountants also provides outsourced accounting services for both nonprofits and small businesses. Their services extend far beyond accounting and bookkeeping, though—they also offer audit assurance services, organizational setup services, and web development.

EBS’ a la carte services are a good investment for rapidly growing or larger organizations, but their extensive options can quickly become overwhelming or unnecessary for smaller to mid-sized organizations, so keep that in mind as you assess your nonprofit’s financial needs.

NFP Partners

If your nonprofit’s main accounting goals are related to its financial technology, NFP Partners might be the right firm for you! They’ll help you implement a new accounting solution and manage that software over time.

In addition to NFP Partners’ software and outsourced accounting services, they also offer private cloud hosting, which is particularly useful for clients who are outgrowing their current solutions and want secure data and document storage.

Paro Accountants

Paro Accountants, which is part of the Paro AI technology company, primarily targets businesses. However, the firm also serves nonprofits, and the team has more than 15 years of experience in accounting, financial reporting, taxes, and related needs in the sector.

Rather than offering set packages or quotes, this firm allows clients to contract freelance financial experts. This provides additional flexibility for covering needs that may vary over time, from controller oversight to bookkeeping cleanup.

Kiwi Partners

Kiwi Partners offers outsourced nonprofit accounting in addition to services like consulting and human resources. Their team serves organizations of all sizes, helping with bookkeeping tasks, budget productions, and financial reporting on an as-needed basis.

Kiwi Partners is a great option if your nonprofit is looking for temporary accounting support. For example, a large organization may turn to their services when transitioning to an in-house accounting expert or if they need additional services to supplement their existing accounting department. However, this firm’s goal is to create processes and let your team take over from there, not to work with your nonprofit long-term.

CBIZ

CBIZ specializes in ensuring financial security for nonprofit and for-profit organizations. Their team helps nonprofits conduct financial audits for compliance purposes or simply to check that their procedures and systems are in good working order.

In addition to audits, CBIZ offers Systems and Organization Control (SOC) report services. SOC reporting allows your organization to understand and implement necessary security protocols for safe financial and data management.

Numbers 4 Nonprofits

Numbers 4 Nonprofits, as the name implies, is fully dedicated to nonprofit accounting. This firm’s financial services include annual budgeting, cash flow projections, audit preparation, cash management, and asset protection.

Numbers 4 Nonprofits’ team works at a high level to help clients prepare for the future as well as with the day-to-day operations of financial management. They aim to understand each organization’s unique needs through an onboarding survey and human-centered communication throughout their partnership.

All In One Accounting

All In One Accounting works primarily with nonprofits and entrepreneurs. The firm provides outsourced accounting, fractional CFO services, tax filing, audit preparation, and recruiting support for mission-driven organizations.

All in One Accounting’s approach is technology-driven, so the team ensures proper data management and security at every step of the way. They’ve also developed their own financial health assessment (known as the Clarity Score) to give your organization an idea of what kind of help it might need.

Lescault & Walderman

Lescault & Walderman's approach to accounting centers on financial automation. This firm provides end-to-end support for businesses and nonprofits, using technology to help their clients save time on accounting processes.

In addition to systematizing bookkeeping, budgeting, and reporting, the Lescault & Walderman team will assist their nonprofit clients with all stages of grant management and help them make the most of events from a financial perspective.

ROSE Financial Solutions

ROSE Financial Solutions brands itself as a “Finance as a Service (FaaS) provider” for nonprofits and technology-focused companies. In addition to setting your organization up with QuickBooks or Sage Intacct, this firm also provides its own solution, Easby, for more advanced financial reporting and task management.

ROSE also provides outsourced accounting, tax filing, compliance, and fractional CFO services to its nonprofit clients. In the firm’s words, their scalable offerings allow clients to “Achieve More with Financial Confidence™.”

Quattro

Nonprofit accounting and human resources needs often go hand-in-hand. Quattro takes this into account, offering outsourced accounting for nonprofits and small businesses alongside HR assistance for a well-rounded view of your organization’s finances.

Quattro’s services include managing accounts payable and receivable, reconciling accounts, reporting finances, and providing input for data-driven decisions. Plus, they’ll help ensure HR compliance, oversee employee onboarding, and perform other essential personnel functions.

Keep in mind that the right choice of a nonprofit accounting firm depends on your organization’s unique needs. Assess your situation, goals, and budget before you start looking for partners to help you effectively fund your mission. But if you want a firm with affordable, expert services that cater to nonprofits of various sizes and verticals, look no further than Jitasa!

For more information about nonprofit accounting, check out these resources:

• Nonprofit Bookkeeper vs. Accountant: What’s the Difference? Dive deeper into the differences between these two essential financial roles and discover why your nonprofit needs both.
• Understanding and Applying GAAP for Nonprofits: FAQ Guide. Learn about a key set of guidelines your outsourced accountant will help your organization follow: the Generally Accepted Accounting Principles.
• Nonprofit Bookkeeping and Accounting Services by Jitasa. Explore all of the offerings and benefits you can expect when you partner with Jitasa’s expert financial management team.

See how Jitasa’s affordable, tailored bookkeeping and accounting services can work for your nonprofit.

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