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INNER-CITY SCHOLARSHIP FUND INC

EIN 51-0453629 NEW YORK, NY

Largest nonprofits in New York

Revenue 2024
$48,828,788
Expenses 2024
$28,805,291

Program services were 86.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
Classification
7100
Street
488 MADISON AVE 3RD FL

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Group exemption

A subordinate covered by the group exemption of UNITED STATES CATHOLIC CONFERENCE (EIN 53-0196617). matched by us

The IRS lists each organization's group exemption number; we match a subordinate to its central organization by that number and the affiliation code the IRS assigns.

Mission and programs · 2024

Mission

INNER-CITY SCHOLARSHIP FUND (ICSF) ENSURES THAT THE GIFT OF AN EXCELLENT K-12 CATHOLIC SCHOOL EDUCATION IN THE ARCHDIOCESE OF NEW YORK CONTINUES TO BE A VIABE OPTION FOR BOTH CURRENT AND FUTURE STUDENTS OF ALL FAITHS. SEE SCHEDULE O.

Activities or mission (Part I)

PROVIDE CHILDREN WITH A QUALITY, VALUES-BASED K-12 CATHOLIC EDUCATION WITHIN THE ARCHDIOCESE OF NY.

  • INTERNALLY MANAGED SCHOLARSHIPS: NEEDS-BASED AWARDS MADE FOR STUDENTS IN ARCHDIOCESE OF NEW YORK CATHOLIC SCHOOLS.

    Expenses $17,389,003 · Grants $16,935,345

  • EXTERNALLY MANAGED SCHOLARSHIPS: GRANT PAYMENTS FOR SCHOLARSHIPS IN PARTNERSHIP WITH THE CHILDREN'S SCHOLARSHIP FUND, AND STUDENT SPONSOR PARTNERS.

    Expenses $7,162,144 · Grants $7,162,144

  • FINANCIAL AID GRANTS: FINANCIAL AID GRANTS FOR UNDER-SERVICED CATHOLIC SCHOOLS, AND DEPARTMENT OF EDUCATION OF THE ARCHDIOCESE OF NEW YORK. THESE GRANTS COULD BE FOR STUDENT SCHOLARSHIPS, ENRICHMENT, OPPORTUNITIES, AND CAPITAL REPAIRS OR GENERAL OPERATIONS.

    Expenses $210,885 · Grants $122,000

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Cardinal Timothy Dolan

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Peter T Grauer

    TRUSTEE/PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • John P Cahill

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Sr Mary Grace Walsh

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Anthony J De Nicola

    TRUSTEE/VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Michael P Esposito III

    TRUSTEE/VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Catherine M Keating

    TRUSTEE/VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Rev Joseph P Lamorte

    VICAR GENERAL

    Total calculated
    $0
    Hours/week
    1

  • Thomas S Murphy Jr

    TRUSTEE/VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Douglas J Band

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Lawrence B Benenson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Margaret Crotty

    TRUSTEE (THRU 5/2025)

    Total calculated
    $0
    Hours/week
    1

  • Leon F Dejulius Jr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Samuel A Di Piazza Jr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Ana L Diez De Rivera-Laffont

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • John Q Doyle

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Robert Gittings

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Thomas H Golden

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Edward D Herlihy

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Donna Kalajian Lagani

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Arthur J Mahon

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Lynn C Martin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Michael E Martin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Timothy C Muccia

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • James M Naughton

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

The first 25 listed. Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $48,828,788
    Expenses
    $28,805,291
    Contributions
    $40,084,746
    Grants paid
    $24,219,489
  • 2023
    Revenue
    $26,514,486
    Expenses
    $21,459,132
    Contributions
    $23,460,779
    Grants paid
    $17,357,911
  • 2022
    Revenue
    $19,320,352
    Expenses
    $20,059,238
    Contributions
    $19,725,691
    Grants paid
    $16,396,787

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $17,490,225
    Expenses
    $19,293,513
    Assets (EOY)
    $102,427,007

  • 2020 · 990

    Revenue
    $24,751,034
    Expenses
    $20,081,245
    Assets (EOY)
    $115,829,957

  • 2019 · 990

    Revenue
    $22,415,973
    Expenses
    $19,332,203
    Assets (EOY)
    $97,750,914

  • 2018 · 990

    Revenue
    $50,307,521
    Expenses
    $17,497,953
    Assets (EOY)
    $88,680,597

  • 2017 · 990

    Revenue
    $19,799,634
    Expenses
    $16,719,739
    Assets (EOY)
    $73,488,479

  • 2016 · 990

    Revenue
    $33,663,808
    Expenses
    $17,315,161
    Assets (EOY)
    $59,480,395

  • 2015 · 990

    Revenue
    $24,439,720
    Expenses
    $17,274,722
    Assets (EOY)
    $32,101,576

  • 2014 · 990

    Revenue
    $20,975,495
    Expenses
    $15,416,369
    Assets (EOY)
    $24,056,821

  • 2013 · 990

    Revenue
    $16,571,162
    Expenses
    $15,621,667
    Assets (EOY)
    $19,132,145

  • 2012 · 990

    Revenue
    not reported
    Expenses
    $14,732,035
    Assets (EOY)
    $17,327,320

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

  • ARCHDIOCESE OF NEW YORK

    501(C)(3) · RELIGIOUS · NY

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.