Jordan Spieth Family Foundation

Analysis

Jordan Spieth Family Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jordan Spieth Family Foundation reported income of $2.7m and spending of $1.2m, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.7m (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 50% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jordan Spieth Family Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Hadassah Foundation Inc ($2.7m), Marshfield Area Community Foundation Inc ($2.7m) and United Way of Wisconsin Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $9.8m against liabilities of $100k, net assets of $9.7m.