The president and CEO of Sentara Health was the highest paid nonprofit CEO in 2022, with an estimated salary of 33.22 million U.S. dollars. Seven of the top ten charities with the highest paid CEOs belonged to the healthcare industry.
CEO Pay Statistics
- The median CEO pay at over 3,000 charities studied is $126,000.
- For large charities, defined with over $13.5 million in annual expenses, the median pay was $244,000.
CEO Salary Discrepancy
- CEOs of larger nonprofits earn more.
- Research organizations pay their CEOs roughly 50 percent more than human services organizations.
Some well-known examples of millionaire CEOs of nonprofits are Roxanne Spillett, head of the Boys and Girls Clubs of America, who took home $1.8 million, and Glenn Lowry, chief executive of the Museum of Modern Art, who took home $1.2 million.
The biggest earner was the CIO of the William and Flora Hewlett Foundation, a private nonprofit organization. Its CIO, Laurance Hoagland Jr., was paid $2.1 million.