Claude E Dorsey Jr Memorial Scholarship Fund is a 501(c)(3) organization based in Birmingham, Alabama, registered in 1962, with $21,444 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$21K
▲ 10.3% vs prior year
Expenses (FY2024)
$16K
Net assets
$249K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Claude E Dorsey Jr Memorial Scholarship Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Claude E Dorsey Jr Memorial Scholarship Fund: 191 mo reserves · +27% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Claude E Dorsey Jr Memorial Scholarship Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Claude E Dorsey Jr Memorial Scholarship Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue declined from $26K (FY2013) to $21K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
26.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$249K
Total liabilities
$0
Net assets
$249K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $21,444▲10.3% | $15,666▼8.4% | $249,237▲2.4% | $249,237▲2.4% | 990PF |
| 2023 | $19,441▲561% | $17,098▼10.6% | $243,449▲1.0% | $243,449▲1.0% | 990PF |
| 2022 | $2,940▼90.2% | $19,116▲4.6% | $241,127▼6.3% | $241,127▼6.3% | 990PF |
| 2021 | $30,067▲121% | $18,275▲11.5% | $257,335▲4.8% | $257,335▲4.8% | 990PF |
| 2020 | $13,633▲22.0% | $16,390▲2.4% | $245,548▼1.1% | $245,548▼1.1% | 990PF |
| 2019 | $11,172▼3.9% | $16,001▼9.1% | $248,268▼1.9% | $248,268▼1.9% | 990PF |
| 2018 | $11,629▼48.5% | $17,602▲22.1% | $253,128▼2.2% | $253,128▼2.2% | 990PF |
| 2017 | $22,588▲252% | $14,415▼14.9% | $258,846▲3.0% | $258,846▲3.0% | 990PF |
| 2016 | $6,422▼60.4% | $16,936▲57.4% | $251,354▼4.1% | $251,354▼4.1% | 990PF |
| 2015 | $16,231▼41.8% | $10,763▼35.8% | $262,015▲2.5% | $262,015▲2.5% | 990PF |
| 2014 | $27,874▲7.6% | $16,765▼2.7% | $255,672▲4.1% | $255,672▲4.1% | 990PF |
| 2013 | $25,896 | $17,231 | $245,523 | $245,523 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Explore more
Data for Claude E Dorsey Jr Memorial Scholarship Fund (EIN 63-6020071) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.