Al-Hadi School Inc
Analysis
Al-Hadi School Inc is a registered charity in United States, based in Cooksville, MD. It received its IRS tax-exemption ruling in March 2018, 8 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 July 2023, Al-Hadi School Inc reported income of $103k and spending of $183k, spending 178% of what it took in. Across the 2 years on record, from July 2022 to July 2023, income fell from $186k to $103k (-45%), an average of -45% a year. The sharpest change came in the year to July 2023, when income dropped by 45%. Over the whole period it spent 162% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Al-Hadi School Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 39th percentile within MD. Charities of a similar size with the same main cause include Michigan Hands & Voices ($103k), Parent Booster USA Inc ($103k) and Poestenkill Library ($103k).
On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 4.3% and program service revenue 95% of the total. At year end it held assets of $50k against liabilities of $92k, net assets of -$42k.
Income and spending
Where the income comes from
- Contributions & grants 4.3%
- Program services 95%
- Other 0.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Michigan Hands & Voices | Gaylord | $103k |
| Parent Booster USA Inc | Moore | $103k |
| Poestenkill Library | Poestenkill | $103k |
| Association of Pakistani Cardiologists of North America | Centralia | $103k |