Several factors influence the salary of the CFO in the non-profit sector, such as organization size, location and sector. To determine the average, consider these factors, as presented in our guide.
Non-Profit CFO Salary
Our guide contains the most comprehensive salary insights for Chief Financial Officers (CFOs) in the non-profit sector. Knowing these details allows organizations and financial experts to understand the CFO market rates better.
CFO Salary Non-ProfitUSA Non-Profit CFO Salary
Companies recruiting CFO and candidates looking for a career enhancement benefit from detailed information on CFO salaries in non-profit sectors.
Our guide contains relevant, updated, and fact-checked data on CFO compensation and benefits in the non-profit sector. With these figures, you’ll get an extensive perspective on financial structures and compensation levels.
In addition, you can find information collected and categorized by location, to further enhance the value of the data.
For accurate salary rates for Non-Profit CFOs, refer to your relevant location page and reduce the number by 19%.
CFO Recruit Salary Guide For Businesses
Salary figures you can obtain on job portals aren’t accurate and are often misleading for the non-profit sector. Data in our guide is sourced directly from non-profit executives and top financial leaders.
How Do We Ensure the Accuracy of Non-Profit CFO Salary Information?
The figures from our guide come from the largest CFO candidates database in the USA and our candidate registration portal. Our collection of salary figures includes wages, compensation packages, expectations, benefits, and incentives.
We update the data regularly to ensure detailed and relevant non-profit CFO salary guidelines reflecting current market trends.
Our Salary Guide is split by company size for the following revenue categories: $10-29M | $30-79M | $80-149M | $150-249M | $250-499M | $500-999M | $1BN-5BN.
Average Non-Profit CFO Salaries
Several important factors shape CFO compensation in the non-profit sector:
- Mission Scope and Complexity: Non-profit CFO earnings depend on the organization’s complexity, mission, and scope of operations; typically organizations with complex projects require comprehensive financial oversight.
- Company Size: Large-scale non-profit institutions often offer higher salaries for CFO, or better compensation packages to reward their CFO for increased responsibility and advanced expertise.
- Experience and Expertise: A CFO’s salary in a non-profit company depends on the expert’s experience, financial knowledge, strategic planning skills, and knowledge of regulatory compliance specific to non-profit work.
Understanding CFO Salaries in Non-Profit Organizations: What You Need to Know
If you need to create a competitive competition package for a CFO in the non-profit sector, consider the differences between salaries in this sector and other industries.
According to our latest data, CFO in non-profit salaries are up to 19% lower than the all-sector average. The discrepancy is a result of unique funding structures and financial aspects in the non-profit sector.
The Non-Profit Difference: A 19% Gap
To understand the 19% gap between CFO salaries in other sectors and non-profit, you’ll have to consider the unique financial needs of non-profit organizations.
These non-profit organizations structure salaries differently because of the funding variations. However, most CFOs in the non-profit sector receive additional benefits by their institution’s work.
How to Calculate Competitive Non-Profit CFO Salaries
If you need to structure a competitive salary for a CFO in a non-profit organization, the first step is to narrow our data to sections for your relevant location. Location plays an important role in understanding the differences and offering competitive packages.
Find the average CFO salary for your location and reduce it by 19%. That way you’ll get a more accurate number to reflect the current standards in the non-profit sector.
For example, if the average CFO salary in your location is $200,000, applying a 19% reduction results in a non-profit-specific average of $162,000.
Don’t skip the adjustment when calculating the salary, because it will help you attract and retain top-tier financial leadership committed to non-profit missions.
Undercompensation creates additional challenges in CFO recruitment and retention, while overcompensation creates constraints on funds and donor relations.
Having accurate and relevant data for the nonprofit sector is key to creating tailored salaries for high-quality professionals.
In our CFO Salary Guide, you’ll find:
- The average CFO salary for non-profit organizations
- CFO salary ranges within the nonprofit sector
- CFO salaries for small nonprofits
- CFO salaries for larger non-profit organizations, including those with significant grant funding
Get exclusive access to CFO salary details for nonprofits by size and geography. Download the non-profit CFO salary guide now.
CFO Salary Non-ProfitConstruction CFO Salary FAQs
Large-scale companies typically pay more because of the expanded range of responsibilities. In addition, urban areas usually have higher compensation and benefits packages than rural regions.
CFOs usually have health insurance, retirement plans, and performance-based incentives in various industries including the non-profit sector. Find the details on the compensation package in our guide.
Yes, experience is an essential factor for determining CFO salaries. Entry-level CFOs typically earn less than experienced financial leaders. Refer to our guide for details on these differences.
Yes, you can use our salary guide to get information on specific non-profit sub-sectors and benchmark them against standards in education, healthcare, and other sectors.
For more details, consult the CFO recruitment experts in our firm.
Higher education levels in finance increase the salary expectation. Non-profit organizations typically have higher budgets for the salaries of highly educated CFOs. Explore the link between education and compensation in our salary guide.
The most important trends, such as significant changes in funding structures, regulatory changes, and mission, affect CFO salaries.
Our guide analyzes these trends and their importance for competitive salaries.
CFO hired on temporary contracts often have higher daily rates compared to CFO hired on permanent roles. But, interims don’t receive the comprehensive benefits package the permanent CFO has.
If you are looking for an example Job Description, why not download our free non profit CFO Job Description Template?