990iQ Research · 2026

The Nonprofit Million-Dollar Club

In 2024, 6,812 people at American nonprofits were paid more than a million dollars. Forty cleared $10 million. And more than one in four of them isn't an executive at all — they're a doctor.

6,812
Nonprofit earners over $1M
40
Over $10 million
2,356
Orgs facing the excise tax
67%
Work in health care

"Nonprofit" is one of the most misleading words in the American economy. It describes the tax status of an organization — not the paychecks of the people who run it. In 2024, nearly seven thousand of them were paid at levels that would raise eyebrows in a corporate boardroom, all of it disclosed, line by line, on the one form every tax-exempt organization must file: the 990.

We pulled every officer, director, and key employee earning more than $1 million in total reported compensation, from organizations with at least $250,000 in revenue. Here is who's in the club — and it's not who you'd think.

It's a hospital story
67%

Two of every three million-dollar nonprofit earners work in health care. Hospital systems and academic medical centers, not foundations or charities, are where the sector's real money is.

Not just CEOs
1,860

Physicians and surgeons make up more than a quarter of the club — 1,860 doctors paid over $1M, nearly matching the 2,022 CEOs and presidents. The million-dollar nonprofit job is increasingly a clinical one.

The 21% penalty
2,356

Every organization here owes a 21% federal excise tax on pay above $1M to its top earners (IRC §4960). That's 2,356 nonprofits writing checks to the IRS for the privilege of paying millions.

The highest median
$2.3M

College football coaches — 94 of them in the club — post the highest median pay of any role, $2.3M. At a nonprofit university, the coach out-earns the president.

How we did this

The methodology

The same source and rigor as our CEO Pay Report — extended from chief executives to every million-dollar earner.

At a glance

Source
IRS Form 990, Part VII (officer, director & key-employee compensation), accessed through 990iQ.
Year
Tax year 2024 filings (fiscal years ending in 2024).
Universe
323,054 nonprofits with $250,000+ in revenue.
Club definition
Any listed person whose total reported compensation (base + related-organization + other) exceeded $1,000,000. 6,812 people across 2,356 organizations.
One exclusion
We drop pay that flows from a related for-profit and merely passes through a nonprofit's filing — e.g. a biotech CEO's $186M stock package reported on an affiliated nonprofit's 990. That isn't charity money.

Compensation is reported as of each organization's fiscal year and can include deferred pay that vests in a single year — which is why some departing-executive figures run especially high. We lead with medians and counts, not averages.

The shape of the club

Seven thousand at the top, forty at the summit

A million dollars is the entry ticket, not the ceiling. The club narrows fast: from 6,812 people over $1M down to just 40 above $10M. But even the $1M floor puts every one of these earners in the top fraction of a percent of American workers.

Over $1 million
6,812
Over $2 million
1,557
Over $5 million
223
Over $10 million
40

Median club member earns $1.4M. The highest genuine nonprofit executive package was $30.9M.

Who they are

The million-dollar job isn't the corner office

Break the club down by role and the surprise is how few are chief executives. Doctors nearly match CEOs in number. And the people paid the most per head aren't running the organizations at all — they're coaching football teams and managing endowments.

CEO / President
2,022
med $1.47M
Other executives
2,114
med $1.35M
Physician / Surgeon
1,860
med $1.37M
CFO / COO / Finance
468
med $1.40M
Investment chief / CIO
141
med $1.56M
Dean / Provost / Faculty
113
med $1.35M
Coach / Athletics
94
med $2.30M

Million-dollar earners by role. Bars show headcount; labels show the median for that role. Coaches and investment chiefs are few but out-earn everyone per head.

At a nonprofit university, the endowment's investment chief and the football coach both out-earn the president. One grows the money; the other fills the stadium.

Where they work

Health care runs the table

The concentration is staggering. Of 6,812 million-dollar earners, 4,583 — two thirds — sit inside health-care organizations: hospital systems, academic medical centers, and insurers chartered as nonprofits. Education is a distant second. Everything else is a rounding error.

Health Care
4,583
Education
771
Public & Societal Benefit
344
Community Development
256
Philanthropy & Grantmaking
105
Recreation & Sports
89
Mutual / Membership
69
Disease Research
67

Million-dollar earners by NTEE industry category, 2024.

The top of the top

The highest-paid nonprofit executives

Strip out the athletes and the pass-through pay, and the executive summit looks exactly like the CEO Pay Report's: hospital systems, top to bottom, with two financial nonprofits — a Lutheran insurer and a credit union — crashing the list.

#ExecutiveOrganizationSectorTotal pay
1James SkogsberghAdvocate Health (IL)Health$30,862,679
2Steven J. CorwinNewYork-Presbyterian (NY)Health$26,271,976
3Eugene A. WoodsWake Forest Baptist / Advocate (NC)Health$25,781,279
4Teresa RasmussenThrivent Financial (MN)Financial$23,314,953
5Teresa CampbellSan Diego County Credit Union (CA)Financial$18,921,604
6Philip O. OzuahMontefiore Einstein (NY)Health$16,690,037
7Jeffrey R. BalserVanderbilt University Medical Center (TN)Health$16,481,139
8Javon BeaMercy Health System (WI)Health$16,336,153
9Ernie SadauCHRISTUS Health (TX)Health$14,656,684
10Wright L. Lassiter IIIDignity Health (IL)Health$14,175,319

Total reported compensation, tax year 2024. Deduplicated by person; affiliated-entity filings shown once. Excludes related for-profit pass-through pay (see methodology) and athlete compensation (see below).

Wait — that's a nonprofit?

The club's most unexpected members

"Nonprofit" covers a lot of ground. Some of the biggest paydays in the data belong to organizations most people would never file under charity — a golf tour, a credit union, a life insurer, a lobbying group, a university endowment desk.

$29.3M
Tiger Woods — PGA Tour
The PGA Tour is a 501(c)(6) nonprofit. Its highest-paid "player directors" — Woods, then Jordan Spieth ($15.9M) and Patrick Cantlay ($14.1M) — appear right alongside hospital CEOs.
$23.3M
Teresa Rasmussen — Thrivent Financial
A Fortune-500-scale life insurer and asset manager, organized as a nonprofit fraternal benefit society. Its CEO out-earns nearly every hospital chief in the country.
$13.0M
Scott Wilson — Washington University
Not a professor or a president — the university's chief investment officer, paid to grow the endowment. Investment chiefs post a higher median ($1.56M) than the executives they report to.
$13.0M
Kirby Smart — University of Georgia
The head football coach at a nonprofit university's athletic association — one of 94 coaches in the club, the highest-paid role by median in the entire nonprofit sector.
Your state

Every state has a million-dollar club

The million-dollar earners are everywhere — all 50 states plus D.C. and Puerto Rico. New York leads with 791; even the smallest states have a cluster of hospital chiefs, university coaches, and health-plan executives clearing seven figures.

State$1M+ earnersMedian pay
New York791$1,410,162
California442$1,365,692
Illinois398$1,400,987
Pennsylvania394$1,439,777
Texas356$1,382,751
Ohio331$1,447,137
District of Columbia288$1,341,732
Missouri282$1,478,897
New Jersey253$1,598,789
Florida227$1,552,123
Michigan209$1,498,970
Virginia199$1,429,382

Top 12 states by number of million-dollar nonprofit earners. Full 50-state data available in 990iQ.

Want the full list — every million-dollar earner in your state, sector, or organization? It's all in 990iQ.
Explore Compensation Analytics

A word that means "no profit" now describes 6,812 people earning more than a million dollars a year. The 990 is the only place that truth is written down. 990iQ reads all of them.

Built on 990iQ

Every figure here started as a Form 990.

Compensation, grants, financials, and peer benchmarks for more than 2 million U.S. nonprofits — the same data behind this report, at your fingertips. Look up any organization or executive, or benchmark your own.