In FY 2006, women headed 55 percent of organizations with budgets of $1 million or less, a 5 percent increase over FY 2005. The proportion of women who led nonprofits with budgets greater than $1 million grew 2 percent, from 34 percent in FY 2005 to 36 percent in FY 2006.
As has been the case in the past few years, in 2006 female CEOs at larger organizations made slow but steady progress at closing the gender gap when it comes to compensation. Incumbent female CEOs at organizations of most sizes had a slightly higher median compensation increase from 2005 to 2006 than males. Despite these gains, women's compensation continued to lag behind men's in FY 2006.
The 2008 GuideStar Nonprofit Compensation Report is the eighth annual edition issued by GuideStar. Derived from information on more than 84,400 individual positions at more than 58,400 tax-exempt organizations for fiscal year 2006, it remains the most comprehensive nonprofit compensation analysis available and the only one based entirely on IRS data.
The report includes data on non-charitable organizations as well as public charities and private foundations; an executive summary based not only on this report but also on data for previous years; and information on incumbent compensation.
"Accurate, complete, and authoritative information on nonprofit compensation is more important than ever," noted Bob Ottenhoff, GuideStar's president and CEO. "Congress, the IRS, and the general public are looking more closely at nonprofits. Organizations must demonstrate that the salaries and benefits they offer are justified. The 2008 GuideStar Nonprofit Compensation Report is a valuable tool for navigating through compensation and benchmarking complexities."
About GuideStarGuideStar, www.guidestar.org, connects people and organizations with information on the programs and finances of more than 1.7 million IRS-recognized nonprofits. GuideStar serves a wide audience inside and outside the nonprofit sector, including individual donors, nonprofit leaders, grantmakers, government officials, academic researchers, and the media.
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