How Much Do Not For Profit Ceos Make How much should a nonprofit CEO be paid How do you know when a CEO is being overpaid Nonprofit boards and concerned donors wrestle with these questions every year That s why Excellence in Giving delivers clear current and impartial answers in an annual Nonprofit CEO Compensation Study
What should a nonprofit pay its chief executive The board of directors is responsible for hiring and establishing compensation salary and benefits for the executive director CEO that is reasonable and not excessive but is also enough to attract and retain the best possible talent to lead the organization On average a CEO at a smaller nonprofit 500K 1M in annual expenses makes 84 674 each year while the average for a CEO at large nonprofits over 50 million in annual expenses per year gets paid 402 366 You can use the chart below to benchmark charity CEO pay with the 1 factor our research discovered Under 500K 500K 1 million
How Much Do Not For Profit Ceos Make
How Much Do Not For Profit Ceos Make
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A 2021 report from the Economic Research Institute ERI found that the average annual CEO pay in most nonprofit industries was between 100 000 and 200 000 in 2018 The two exceptions were 38 Name Karen E Knudsen Title CEO Charity American Cancer Society Compensation 1 118 608 Fiscal Year 12 31 2022 39 Name Matt Bershadker Title President CEO Charity American Society for the Prevention of Cruelty to Animals ASPCA Compensation 1 117 171 Fiscal Year 12 31 2022
Compensation for Nonprofit CEOs The number isn t the full story All our lives we ve been taught that one of the best questions you can ask in researching a charity is How much do they pay their CEO If the number s low that means they respect your donation If the number s high it means they don t and there s something fishy going on The average Chief Executive Officer CEO Non Profit Organization salary in the United States is 187 404 as of January 26 2024 but the salary range typically falls between 141 615 and 241 459
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The IRS is charged with ensuring that tax exempt organizations nonprofits that do not pay federal income tax because they serve the public good devote their resources to accomplishing their missions Although these organizations can pay their employees they must avoid overpaying them If you can t find a published survey whose participants are truly similar organizations make a list of comparable nonprofits and either research their CEO s compensation on published Form 990s at www guidestar or contact them directly to ask about the possibility of exchanging CEO compensation data Keep in mind that Form 990 salary
For religious nonprofits the most recent ERI data shows that the median CEO compensation was 71 557 and the mean was 95 134 These are the lowest median and mean compensation figures of all nonprofit industries in the report Q What do we do if our CEO doesn t want a pay increase While they make less than their private sector counterparts hospital executive pay tends to far exceed that of executives at other types of nonprofits The average annual CEO pay in most nonprofit industries for 2018 was between 100 000 and 200 000 according to a 2022 analysis published in Health Affairs
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How Much Do Not For Profit Ceos Make - 38 Name Karen E Knudsen Title CEO Charity American Cancer Society Compensation 1 118 608 Fiscal Year 12 31 2022 39 Name Matt Bershadker Title President CEO Charity American Society for the Prevention of Cruelty to Animals ASPCA Compensation 1 117 171 Fiscal Year 12 31 2022