Dorothy Patterson Scholarship Fund

Analysis

Dorothy Patterson Scholarship Fund is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in September 1989, 37 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 May 2023, Dorothy Patterson Scholarship Fund reported income of $65k and spending of $8,839, leaving 86% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income fell from $71k to $65k (-8.0%), an average of -2.1% a year. The sharpest change came in the year to May 2021, when income rose by 268%. Over the whole period it spent 22% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dorothy Patterson Scholarship Fund sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within TX. Charities of a similar size with the same main cause include Florida Sids Alliance Inc ($65k), Friends of the Randolph Public Library ($65k) and Camp Indogan Inc ($65k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 22% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.