5 answers
Asked
1486 views
What are the most lucrative jobs in the Nonprofit sector?
I am currently pursuing my MS in Nonprofit Management and exploring my various career options in this sector. #nonprofits #non-profit-organization-management #non-profit-management #fundraising #education-management
Login to comment
5 answers
Updated
Nancy’s Answer
Vidya, since non-profits are limited in the amount of money they make in order to remain classified as non-profits, salaries can be less than in comparable positions in for-profit companies. However, leadership roles such as executive director, director of development and chief financial officer pay the highest salaries. Interestingly, various professional consultants, such as physicians or specialists in finance, may work for non-profits at higher hourly rates than the upper management, but may consult at more than one agency on a part-time basis.
Regardless of the area you start out in, being mindful of how the business receives its income and helping a non-profit do more within its limitations will always be noticed by management. Community relationships are often key.
Regardless of the area you start out in, being mindful of how the business receives its income and helping a non-profit do more within its limitations will always be noticed by management. Community relationships are often key.
Thank you Nancy!! Your insights have been quite helpful. I am developing an interest in the fundraising and marketing aspects of a nonprofit. I feel with the growth of the digital era, digital marketing trends are slowly catching up in the nonprofit sector. What are your thoughts on this? How could I pursue this approach further?
Vidya
Call some nonprofits and ask them what marketing software they use. You could Minor or at least take courses in marketing as part of your degree.
Nancy Hamp
Updated
Brent’s Answer
Usually the most lucrative jobs in nonprofits are in technology development, development/fundraising/advancement, and general management. For large nonprofits ($10M budgets or more), any C-suite or executive job can be lucrative like accounting/finance, operations, marketing, and development.
Updated
Mary’s Answer
You will learn a lot in a non-profit organization and you will move up the ladder as you grow in the company. Look up idealist.org and see what is the perfect fit for you and your skills. You are on the right track.
Hi Mary, yes sure I will look up idealist.org..Thank you!!
Vidya
Updated
Victoria’s Answer
Hi Vidya,
I know plenty of nonprofit employees (primarily in management) making over $100-$200K/year. A CEO of a large nonprofit typically makes several million per year. You can actually view the compensation of the highest compensated employees at any registered 501c3 charity through a website called Guidestar.org! I recommend creating a free account on Guidestar to check out some nonprofits for reference (and definitely before applying to any!) You'd log on, type in the name (or tax ID number) of a charity and click into their profile. Go under "Tax Forms" and review the latest Form 990, which all registered charities must file with the IRS every year to keep their tax-exempt status. Section VII of the form requires the nonprofit to list the compensation of Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. It's pretty eye opening. :) Good luck!
Tori
I know plenty of nonprofit employees (primarily in management) making over $100-$200K/year. A CEO of a large nonprofit typically makes several million per year. You can actually view the compensation of the highest compensated employees at any registered 501c3 charity through a website called Guidestar.org! I recommend creating a free account on Guidestar to check out some nonprofits for reference (and definitely before applying to any!) You'd log on, type in the name (or tax ID number) of a charity and click into their profile. Go under "Tax Forms" and review the latest Form 990, which all registered charities must file with the IRS every year to keep their tax-exempt status. Section VII of the form requires the nonprofit to list the compensation of Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. It's pretty eye opening. :) Good luck!
Tori
Wayne White
Career Counselor/Job Coach for people with disabilities and veterans
10
Answers
New York, New York
Updated
Wayne’s Answer
Anything education, development and use of technology to areas that may need it the most. If you are looking within the country areas that tech can grow. In areas where tech may not be the main focus may become the grassroots of growth by re-educating and development technology.