October 1, 2009
Report Analyzes Pay Trends of Charity CEOs
Thanks to persistently bigger raises over the past several years, chief executives at the largest nonprofit organizations now earn almost 10 times as much as leaders of small charities, a new study has found.
Leaders of charities with budgets of $50-million or more earned a median salary of $387,721 in 2007, meaning that half made more and half made less. Top executives at charities with budgets of $250,000 or less earned a median of $40,000, according to the survey by GuideStar,
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