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Scholarship and Welfare Fund of the

New York, New York · EIN 13-1809290 · Education · tax-exempt since 1949

D

Charity Clarity grade D (score 49.6 of 100), based on the Form 990 for the year ended May 2025.

Graded against 69,412 education nonprofits with revenue $500K–$2M filing the same form. A = top 10%, B = next 20%, C = middle 40%, D = next 20%, F = bottom 10%.

What goes into the grade

MeasureThis charityScore (0–100)
ReservesMonths of spending covered by unrestricted net assets.374.4 months0
GovernanceBoard independence, key policies and audit, per the 990.65% of practices65
Margin stabilityHow steady the surplus or deficit is year to year.67
Revenue spreadHow much revenue rests on one type of income.29% from one source58
Filing recordOn-time, complete filings, year after year.100%100
Program spendingSelf-reported by the filer.88.1%not scored
Management costsShare of spending.11.9%not scored
Cost to raise $1Fundraising cost per dollar given.$0.00not scored

Scores compare this charity with its peer group; 100 is best. How Charity Clarity rates charities.

Year by year

201620172018201920202021202220242025grey: revenue · green: spending
Year endedFormRevenueSpendingSurplusNet assetsMonths of spendingStaffGrade
May 2025Form 990$1.94M$858K$1.08M$26.77M374.43D
May 2024Form 990$1.66M$833K$824K$26.42M380.73D
May 2022Form 990$828K$1.07M−$240K$25.48M286.23C
May 2021Form 990$847K$1.09M−$241K$25.11M276.73D
May 2020Form 990$1.85M$1.39M$461K$22.44M193.47D
May 2019Form 990$890K$1.32M−$435K$23.34M211.44D
May 2018Form 990$1.58M$1.41M$176K$24.16M206.25C
May 2017Form 990$1.69M$1.50M$190K$24.00M192.05D
May 2016Form 990$1.30M$1.65M−$355K$23.80M172.85C

From the organisation’s own IRS filings. “Months of spending” is total net assets divided by a month of that year’s spending. A blank grade means that year was not rated.

Read the filings

Every figure here comes from the returns this charity filed with the IRS. These sites show the full returns and more about the organisation:

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