Al Hadi Initiatives

Analysis

Al Hadi Initiatives is a registered charity in United States, based in Carrollton, TX. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Al Hadi Initiatives reported income of $1.2m and spending of $813k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $681k to $1.2m (+81%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Al Hadi Initiatives sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include King Edward Medical College Alumni Association of North America ($1.2m), Infant Development Program Inc ($1.2m) and Jewish Parent Cooperative School Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Other salaries and wages came to $509k. At year end it held assets of $2.2m against liabilities of $14k, net assets of $2.2m. It reported 23 employees.