Joella and Stewart Morris Foundation

Analysis

Joella and Stewart Morris Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 2000, 26 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Joella and Stewart Morris Foundation reported income of $2.7m and spending of $2.5m, spending 92% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $905k to $2.7m (+204%), an average of +25% a year. The sharpest change came in the year to December 2019, when income rose by 188%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Joella and Stewart Morris 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 Menorah Heritage Foundation ($2.7m), Princess Grace Foundation ($2.7m) and Shure Charitable TR Created Uw of Sidney N Shure ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $7.4m against liabilities of $0, net assets of $7.4m.