NATIONAL NOT-FOR-PROFIT CONFERENCE 2018
MEDIA, JOBS & RESOURCES FOR THE COMMON GOOD
NEWS  |  General, Leadership, Research

US Charity CEO Salaries on the Rise


Wednesday, 25th August 2010 at 11:48 am
Staff Reporter
Despite the economic downturn in the US, Not for Profit CEO salaries are on the rise - by almost 5 percent according to an annual study.

Wednesday, 25th August 2010
at 11:48 am
Staff Reporter


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
US Charity CEO Salaries on the Rise
Wednesday, 25th August 2010 at 11:48 am

Despite the economic downturn in the US, Not for Profit CEO salaries are on the rise – by almost 5 percent according to an annual study.

The Charity Navigator has released its sixth annual CEO Compensation Study looking at more than 3000 mid to large sized US-based charities that depend on support from the public.

The analysis reveals that the median salary for top charity leaders is around $US150,000, however the study found a significanct number of CEOs on six-figure salaries.

The study is based on a charity's recently filed IRS form which includes salary, cash bonuses and expense accounts of CEOs.

The Charity Navigator's President and CEO Ken Berger says many donors are concerned by what they believe to be excessive charity CEO pay.

Berger says well-meaning donors fail to consider that these CEOs are running multi-million dollar operations that endeavor to change the world.

He says it is important for donors to know that while the average salary is roughly $150,000, a six-figure salary in not necessarily a sign of excessive pay for a mid-sized to large sized charity.

The report also highlights what it describes as questionable salaries such as those that approach and exceed a million dollars and suspect compensation policies such as charities that have multiple highly-paid family members on staff.

The report says only 14 charities paid their CEO more than $1 million. Education Not for Profits were the highest-paying sector, with average CEO compensation of $272,645 and raises of 5.9 percent.

It says religious NFP CEO pay was the lowest, at an average of $90,000 and charities with more than $500 million in total expenses reported median CEO pay of $695,379. Not for Profits with expenses ranging from $1 million to $3.5 million reported median pay of $95,481. 



FEATURED SUPPLIERS


HLB Mann Judd is a specialist Accounting and Advisory firm t...

HLB Mann Judd

We specialise in data solutions consulting and IT profession...

DQUBE Solutions

Brennan IT helps not-for-profit (NFP) organisations drive gr...

Brennan IT

Helping the helpers fund their mission…...

FrontStream Pty Ltd (FrontStream AsiaPacific)

More Suppliers

Get more stories like this

FREE SOCIAL
SECTOR NEWS

YOU MAY ALSO LIKE

Charity Regulators Should Not Assume That Donors Always Know Best

Krystian Seibert

Tuesday, 12th December 2017 at 3:58 pm

Increasing Wages Would Make The Australian Economy Safer

Stephen Kinsella

Friday, 17th November 2017 at 4:57 pm

Government US Resettlement Agreement on Refugees Announced

Lina Caneva

Sunday, 13th November 2016 at 11:57 am

Report Reveals Data Deficit in Australian Philanthropy

Lina Caneva

Tuesday, 5th April 2016 at 8:40 pm

POPULAR

$110M Package Tackles Anxiety and Depression Among Young Australians

Wendy Williams

Tuesday, 9th January 2018 at 8:46 am

Social Enterprise Announces $500,000 Funding for Social and Affordable Housing

Luke Michael

Monday, 15th January 2018 at 11:26 am

Privatisation Poses New Challenges for NFPs Managing Their Workforce

Luke Michael

Tuesday, 9th January 2018 at 4:36 pm

People With Severe Mental Illness Struggling With NDIS Transition

Luke Michael

Wednesday, 17th January 2018 at 5:58 pm

Write a Reply or Comment

Your email address will not be published. Required fields are marked *


NATIONAL NOT-FOR-PROFIT CONFERENCE 2018
pba inverse logo
Subscribe Twitter Facebook

The social sector's most essential news coverage. Delivered free to your inbox every Tuesday and Thursday morning.

You have Successfully Subscribed!