Al-Hadi Inc

Analysis

Al-Hadi Inc is a registered charity in United States, based in Bell, CA. It received its IRS tax-exemption ruling in December 1996, 30 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 Inc reported income of $652k and spending of $644k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $373k to $652k (+75%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 131%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Al-Hadi Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Community College Baccalaureate Association Inc ($652k), Great After-School Place ($652k) and Janney Elementary School PTA ($652k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $7,000 (1.1% of expenses). Other salaries and wages came to $323k. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m. It reported 14 employees.