Charity Search / GERALD E THOMPSON MEMORIAL SCHOLARSHIP FUND INC
Public & Societal Benefit (W12) 990 on File

GERALD E THOMPSON MEMORIAL SCHOLARSHIP FUND INC

EIN: 81-3758198 · SOUTHPORT, NC 28461-3568 · United States · FY 2025 Data
3 out of 5 41 / 100 Based on 2+ years of filings
Financial strength (30%) 60/100
Reliability (20%) 50/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2025
$3K
Total Revenue
$2K
Total Expenses
$40K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 100.0%
Fundraising Efficiency N/A
Operating Reserve 240.98x
Liability-to-Asset 0.0%
Revenue Diversification 64.4%
Executive Compensation $0
Compared with Peers
FY 2025
Compared with 1,223 similar organizations (United States, Public & Societal Benefit, under $100K in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
100.0% 78.8%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
241.0 mo 14.4 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 0.0%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
64.4% 99.9%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
-42.0% -0.5%
P10P90
Expense growth
Year over year expense growth
-10.1% -0.4%
P10P90
Surplus margin
Surplus as a share of revenue
28.9% 12.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $3K $2K $40K 100.0% —
2024 $5K $2K $41K 90.0% —
2023 $3K $4K $39K 100.0% —
2022 $5K $4K $40K 100.0% —
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Organization Details
EIN
81-3758198
State
NC
City
SOUTHPORT
ZIP
28461-3568
Classification
W12
Category
Public & Societal Benefit
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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