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Female nonprofit CEOs continue to earn less than their male counterparts, according to a new report from GuideStar.
In a statement Thursday, GuideStar said its first report on nonprofit compensation in 2001 found that female nonprofit CEOs earned 21 to 47 percent less than their male counterparts in fiscal years 1998 and 1999, depending on organization size. The current report shows that the gap narrowed to 6 to 23 percent in fiscal 2013, the latest data available for the report.
The information organization also said that proportion of female nonprofit CEOs decreased in fiscal 2013.
The 2015 GuideStar Nonprofit Compensation Report, sample pages of which are available here, is based entirely on data reported to the IRS. The annual report is the organization’s 15th, and is derived from information on more than 154,000 individual positions at more than 105,000 tax-exempt U.S. organizations.
“More women headed nonprofits with budgets greater than $10 million in 2013 compared to 2003,” Chuck McLean, vice president for research at GuideStar and author of all 15 editions of the report, said in a statement. “These gains, however, were offset by declines in smaller organizations. Even with the gain in larger organizations, only 18 percent of nonprofits with budgets of more than $50 million had female CEOs in 2013.
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Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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