Even as the share of women serving as nonprofit CEOs grew in fiscal year 2018, the gender pay gap widened, a report from Candid finds.
The 2020 Nonprofit Compensation Report reviewed key employee compensation at more than a hundred and thirteen thousand tax-exempt organizations in Candid's GuideStar database and found that, between FY17 and FY18, the share of women leaders increased in six of the study's nine categories: organizations with budgets of between $500,000 and $1 million (55 percent to 56 percent), between $2.5 million and $5 million (45 percent to 46 percent), between $5 million and $10 million (40 percent to 42 percent), between $10 million and $25 million (35 percent to 37 percent), between $25 million and $50 million (30 percent to 33 percent), and more than $50 million (23 percent to 25 percent). The percentages of female CEOs held steady in the other three budget categories.
At the same time, with the exception of organizations with budgets of between $1 million and $2.5 million, the female CEO pay gap remained the same or widened in FY18, ranging from 5 percent among nonprofits with budgets under $250,000 to 20 percent among those with budgets of more than $50 million.
The twentieth edition of the report also found that incumbent CEO compensation continued its upward trend in FY18, with median percentage increases in line with or slightly higher than in FY17 across genders and organization size. Leaders of nonprofits focused on the areas of health, science, and technology were paid the highest median salaries, while those of religion- and animal welfare-related organizations were paid the lowest.
"Accurate, complete, and authoritative information on the social sector is more important than ever," said Jenna Allen, senior data services analyst at Candid. "Our twentieth annual Nonprofit Compensation Report continues to be the most comprehensive nonprofit compensation study available. This year, we've updated the report's official name and fully automated the data. At Candid, we remain committed to providing the latest information to support excellence throughout the social sector."