Long-term excessive use of fertilizers and intensive cultivation not only decreases soil organic carbon (SOC) and productivity, but also increases greenhouse gas emissions, which is detrimental to sustainable agricultural development. The purpose of this paper is to identify organic amendments suitable for winter wheat growth in the North China Plain by studying the effects of organic amendments on the economic benefits, carbon emissions, and carbon sequestration for winter wheat fields and to provide a theoretical basis for the wide application of organic amendments in agricultural fields. The two nitrogen rates were N0 (0 kg ha-1) and N240 (240 kg ha-1), and the four organic amendments were straw, manure, mushroom residue (M R), and biochar. The results showed that, compared to N0, N240 significantly increased the yield by 244.1-318.4% and the organic carbon storage by 16.7-30.5%, respectively, but increased the carbon emissions by 29.3-45.5%. In addition, soil carbon stocks increased with all three types of organic amendments compared to the straw amendment, with the biochar treatment being the largest, increasing carbon storage by 13.3-33.6%. In terms of yield and economic benefits, compared to the straw amendment, the manure and biochar amendments increased winter wheat yields by 0.0-1.5% and 4.0-13.3%, respectively, and M R slightly decreased wheat yield; only the economic benefit of the M R amendment was greater than that of the straw amendment, with an increase in economic benefit of 1.3% and 8.2% in the 2021-2022 and 2022-2023 seasons, respectively. Furthermore, according to the net ecosystem productivity (NEP), N0 was the source of CO2, while N240 was a sink of CO2. The TOPSIS results showed that N240 with a mushroom residue amendment could be recommended for increasing soil carbon stocks and economic benefits for winter wheat in the NCP and similar regions. Low-cost M R can increase farmer motivation and improve soil organic carbon, making a big step forward in the spread of organic materials on farmland.