Dr S E Thompson Scholarship Fund

Analysis

Dr S E Thompson Scholarship Fund is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in April 1963, 63 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Dr S E Thompson Scholarship Fund reported income of $490k and spending of $564k, spending 115% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $626k to $490k (-22%), an average of -4.8% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dr S E Thompson Scholarship Fund sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Wings of Valor Inc ($490k), Sugar Hill-Montford Cove Volunteer Fire Department Inc ($490k) and Re Pruitt Organization ($490k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 13% of the total. Other salaries and wages came to $188k. At year end it held assets of $8.3m against liabilities of $0, net assets of $8.3m.