The photogeneration of reactive species from dissolved organic matter (DOM) plays a crucial role in the photochemical and photobiochemical processes in natural aquatic systems. However, the impact of the ultraviolet (UV) wavelength on the photogeneration of reactive species by different sources of DOM remains unclear. In this study, UV light at four wavelengths (365 nm, 310 nm, 280 nm, and 260 nm) provided by UV-LEDs were irradiated onto three types of DOM: humic acid (HA), fulvic acid (FA), and effluent organic matter (EfOM). Three reactive species produced by DOM, including excited triplet-state DOM (3DOM*), singlet oxygen (1O2), and hydroxyl radicals (•OH), were determined. UV365 proved to be the most efficient wavelength for generating 1O2 and •OH, with formation rates of 3.47 × 10−6 M s−1 and 1.67 × 10−8 M s−1, respectively, with the addition of FA and EfOM. The highest steady-state concentrations of all three reactive species were also generated under UV365, reaching 3.00 × 10−13 M (3DOM*) and 1.64 × 10−11 M (1O2) with the FA addition, and 1.44 × 10−10 M (•OH) with the EfOM. Across the different DOM sources, UV365 obtained the maximum quantum yields of reactive species, indicating the stronger effect of UV365 on inducing the photosensitization of DOM compared to the other shorter wavelengths. This study expands our understanding of the photochemistry of DOM in aquatic environments.