- Regular progress in median CEO compensation. Median CEO compensation has risen steadily, reaching a brand new excessive of $132,077 in 2022, up from $118,541 in 2018.
- Gender pay hole in CEO compensation throughout nonprofit funds sizes continues. Information from 2022 reveals that the gender pay hole in CEO compensation throughout the nonprofit sector persists, notably in organizations with bigger budgets. In nonprofits with budgets over $50 million, the median wage for male CEOs is $559,770, whereas the median wage for feminine CEOs is $430,640—a distinction of $129,130. Feminine CEOs on this funds vary now earn simply 77 cents for each greenback earned by their male counterparts, a major decline from 82 cents in 2012.
- Science and know-how analysis institutes lead in government pay. The report reveals that science and know-how analysis institutes prime the listing with a median government compensation of $199,965 in 2022. Well being-related nonprofits additionally rank excessive, with median compensations of $198,390 for basic well being and $190,012 for medical analysis.
- Northeast 501(c)(3) organizations lead in median government pay throughout United States areas. The District of Columbia has the best median government compensation, adopted by New York and Massachusetts.
- Ladies CEOs are more and more represented throughout nonprofits, however main gaps persist in bigger organizations. Ladies proceed to dominate management in smaller nonprofits, holding 58% of CEO positions in organizations with budgets of $250,000 or much less and 61% in these between $250–$500,000. Nevertheless, a major gender hole persists in bigger nonprofits, the place girls accounted for less than 29% of CEOs in organizations with budgets exceeding $50 million.
Reina Mukai, senior information companies supervisor at Candid, mentioned, “Our 2024 Nonprofit Compensation Report illuminates important traits in government pay, revealing not simply figures, however disparities throughout the sector. With information from over 128,000 organizations, Candid supplies an in depth look into the evolving panorama of nonprofit government compensation, providing key insights and figuring out ongoing challenges throughout the sector.”
To be taught extra about Candid’s 2024 Nonprofit Compensation Report and obtain a pattern report, please go to this webpage. To request a media copy of the report, please contact media@candid.org.
The previous press launch was supplied by an organization unaffiliated with NonProfit PRO. The views expressed inside don’t straight replicate the ideas or opinions of the workers of NonProfit PRO.
