Earlier quoted context omitted.
You do that at a startup for stock compensation, with the expectation that your risk will be rewarded in the future. A non-profit is not your future cashcow, you don't own it, you either work for current salary or you forgo payment because you believe in the cause. There is no scenario where non-profit workers get to cash out to compensate for previous struggling - except when that non-profit has been captured by a g…
It's critical to compensate non-profit employees near the market rate otherwise you end up with sub-par performers, martyrs, having the vision co-opted by the wealthy who can afford to be underpaid, or the young who leave disillusioned. The Gates foundation pioneered this approach and imho it's the right way to operate in the sector.
EDIT: Found at least one source on US non-profits that excludes healthcare and university roles which skew numbers: https://analytics.excellenceingiving.com/2021-2022-nonprofit...
Suggesting $364k compensation for the CEO a nonprofit with $50M+ revenue. Wikimedia Foundation reports $150M+: https://en.wikipedia.org/wiki/Wikimedia_Foundation