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Filing year 2023

INNER CITY SCHOLARSHIP FUND INC

New York, New York·EIN 51-0453629·501(c)(3)
Total revenue
$26.5M
Total assets
$121.3M
Total expenses
$21.5M
Reported officers
42
Mission

INNER-CITY SCHOLARSHIP FUND (ICSF) CHANGES LIVES FOR THE BETTER BY PROVIDING FAMILIES WITH DEMONSTRABLE FINANCIAL NEED, THE OPPORTUNITY TO GIVE THEIR CHILDREN A QUALITY, VALUES-BASED K-12 CATHOLIC EDUCATION WITHIN THE ARCHDIOCESE OF NEW YORK. SEE SCHEDULE O.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive Director
75th to 90th percentile
$249k
$280k
Base
$236k
Bonus
Other
$980
Benefits
$12k
Chief Operating Officer
Median to 75th percentile
$179k
$201k
Base
$139k
Bonus
Other
$792
Benefits
$39k
Director of Marketing
Director (Operational)
75th to 90th percentile
$160k
$180k
Base
$121k
Bonus
Other
$215
Benefits
$39k
Chief of Staff, Special Counsel
Highest Compensated Employee
25th percentile to median
$148k
$167k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 38 unpaid individuals.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 9%
from 2022

From $273k in 2022 to $249k in 2023.

$273k
2022
$249k
2023
In today's dollarsEst.
Down 12% in real terms$318k to $280k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 9% from 2022 to 2023, while revenue rose 37%.

$273k in 2022 to $249k in 2023.
  • Chief Operating Officer pay rose 3% from 2022 to 2023.
  • Director (Operational) pay fell 11% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

INNER CITY SCHOLARSHIP FUND INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$19.3M
$20.1M
2022
$26.5M
$21.5M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about INNER CITY SCHOLARSHIP FUND INC

What does the Chief Executive Officer of INNER CITY SCHOLARSHIP FUND INC earn?

In 2023, the Chief Executive Officer of INNER CITY SCHOLARSHIP FUND INC received $249,255 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at INNER CITY SCHOLARSHIP FUND INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at INNER CITY SCHOLARSHIP FUND INC falls between the 75th and 90th percentiles.

What are INNER CITY SCHOLARSHIP FUND INC's revenue and expenses?

In 2023, INNER CITY SCHOLARSHIP FUND INC reported $26.5M in total revenue and $21.5M in total expenses on its IRS Form 990.

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