Average Salary with a Masters in Non-profit Management
Are you interested in a career in non-profit management? If so, earning your master’s degree in this field is the best way to qualify for the highest-paying jobs in the non-profit sector. But just how much can you earn with this type of education? Let’s take a look at the average salaries expected for non-profit workers and how you can make more money in this field.
Salary by Job Title
As is the case in my industries, the amount of money you can make as a non-profit manager depends on your specific job title. Positions that come attached to more responsibilities are usually those with higher pay rates, though this isn’t always the case. According to reports, here are some of the most common non-profit management jobs, along with the average salaries you can expect in each position:
- Executive Director: $58,000
- Program Coordinator: $36,000
- Program Manager: $42,000
- Director of Development: $50,000
Other Factors that Affect Salary
Along with job title, other factors can also weigh heavily on the amount of money you can make in this field. Location is a large factor, as you’ll typically make more money in an urban environment, and experience in non-profit work also plays a role in determining your salary. As someone just starting out with a masters in non-profit management, you can expect to make about $30,000 annually, while with 20+ years of experience, you could make up to $80,000 a year. Company size, availability of government funding, and specialization can affect your salary as well.
Making More Money as a Non-Profit Manager
As you may have noticed, non-profit managers don’t make nearly as much money as managers in the private or government sectors. Why? Well, most non-profits rely on donations to pay the bills, and as much money as possible goes to the actual cause, rather than administrative costs like worker salary. If you’re interested in making more money, the best thing you can do is work hard to help you non-profit organization raise more money. That way, the percentage of money that goes toward salaries can remain the same, but you can also get an annual raise. Keep in mind that although there are also other things you can do to earn more money in this type of career, this is an industry where money is usually not the reason one takes a job – it is more about believing in a cause.
Top Online Master of Nonprofit Management Degrees
Managing a non-profit entity — whether it be a charitable organization, school, association, foundation, or endowment — will generally require at least a master's degree (MS, MBA, or MPA) in nonprofit management. The schools listed below all offer accredited online masters in nonprofit management degrees.
University of the Rockies offers a Master of Arts in Human Services with a Not-for-Profit Management specialization. This program equips students with the knowledge and skills necessary for managing a not-for-profit organization, including maintaining budgets, overseeing daily operations, and managing employees.
Prepare for the competitive job market with an undergraduate degree from regionally accredited New England College. A private college rooted in a strong liberal arts foundation, NEC offers three undergraduate degrees 100% online.
An MBA with a concentration in Nonprofit Management from Marylhurst University helps you develop confidence in your business leadership skills and build a strong foundation you’ll need to succeed in your career.
Find your Masters in Non-Profit Management degree program today...