Nonprofit Healthcare CFO Salary in Virginia

Official IRS Form 990 Schedule J compensation benchmarks for CFO positions across healthcare 501(c)(3) nonprofits in Virginia (with annual budgets between $25M – $50M). Based on 29 matched filings for IRS § 4958 safe harbor compliance.

25th Percentile
$222,518
Lower Bound
Median (50th %)
$247,229
Market Consensus
75th Percentile
$272,478
Safe Harbor Ceiling
Matched Peer Group
29 Filings
IRS Verified Peers
Filter Peer Group
Empirical Market Analysis · Virginia
Census Division: South Atlantic

At $247,229, the median CFO compensation for Virginia nonprofits in the $25M – $50M operating band sits 33.9% below the national benchmark ($373,920), reflecting regional cost-of-labor variations in the South Atlantic division. Matched peer filings establish an interquartile safe harbor range between $222,518 (25th percentile) and $272,478 (75th percentile).

Across this 29-organization peer group, median executive remuneration accounts for 1% of total organizational operating expenditures (interquartile peer range: 1% – 1%). Base salary represents an average of 85% of total compensation, with performance incentives reported by 100% of reporting institutions (averaging $12,461 among participating organizations).

Interquartile Safe Harbor Distribution

Treasury Regulation § 53.4958-6(c)(2) Rebuttable Presumption Bandwidth

29 Verified Filings
P10$198,689
P25 (Safe Min)$222,518
Median (50th)$247,229
P75 (Safe Max)$272,478
P90$291,187
Legal Precedent: To secure the IRS Rebuttable Presumption of Reasonableness, tax-exempt governing boards must establish that approved compensation falls within market comparability bounds prior to voting. Compensation between the 25th and 75th percentiles ($222,518 – $272,478) represents the defensible interquartile standard accepted by federal regulators.

Schedule J Pay-Mix Distribution

Average component allocation across Form 990 Part VII Section A & Schedule J Part II extracts

29 Matched Filings
Base Salary
$211,842
85% of total remuneration
Bonus & Incentive
$12,461
100% peer participation
Deferred Comp
$12,461
100% peer participation
Nontaxable Benefits
$12,461
100% peer coverage
Sample Size29 Matched Filings
Average Budget$36,675,194
Pay-to-Budget Ratio1% (1%–1%)
IRS Filing Vintage2022–2025 XML Extracts

Matched Form 990 Peer Organizations

Sample peer group entries matched by budget, NTEE taxonomy, and geographic cost-of-labor

Showing 3 of 29 peers
CHESAPEAKE REGIONAL MEDICAL GROUP
EIN: 262366542 • Metro Area, VA • Budget: $34,551,510
$2••,•••
Schedule J Locked
CHILDRENS HEALTH SYSTEM INC
EIN: 541278830 • Metro Area, VA • Budget: $35,519,349
$2••,•••
Schedule J Locked
CONQUER CANCER FOUNDATION OF THE AMERICAN SOCIETY OF CLINICAL ONCOLOGY
EIN: 311667995 • Metro Area, VA • Budget: $33,575,680
$2••,•••
Schedule J Locked

Access All 29 Matched Peer Filings

Generate the full, audit-ready 8-page Board Compliance Packet including individual peer line-item disclosures (Base, Bonus, Deferred, Benefits), statutory citations, and turnkey board minutes.

Frequently Asked Questions

What is the typical salary for a CFO at a Virginia nonprofit with $25M – $50M?

Based on 29 verified IRS Form 990 Schedule J filings in Virginia, the median total compensation for a CFO is $247,229. The 25th percentile sits at $222,518 and the 75th percentile (the rebuttable safe harbor ceiling) is $272,478.

How does Virginia CFO pay compare to national averages?

At $247,229, median CFO compensation in Virginia is 33.9% lower than the national baseline ($373,920) for comparable operating budgets, consistent with economic indices in the South Atlantic division.

What percentage of operating budget should a 501(c)(3) spend on its CFO?

Across matched peer filings for $25M – $50M nonprofits, median CFO compensation represents 1% of total organizational operating expenses. The middle 50% of peer institutions allocate between 1% and 1% of expenditures to executive leadership.

How does Treasury Regulation § 53.4958-6 protect board members approving executive compensation?

Under Treasury Regulation § 53.4958-6, tax-exempt governing boards secure the Rebuttable Presumption of Reasonableness when they rely on independent comparability data from similarly situated peer organizations prior to voting and record the decision contemporaneously in their minutes. Once established, the legal burden shifts to the IRS to prove that compensation was excessive.