Hadhramout Foundation Inc

Organization Overview

Hadhramout Foundation Inc is located in Westport, CT. The organization was established in 2019. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hadhramout Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Hadhramout Foundation Inc generated $4.8m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 52.8% each year . All expenses for the organization totaled $5.0m during the year ending 12/2021. While expenses have increased by 61.1% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE HADHRAMOUT FOUNDATION IS A NONPROFIT ORGANIZATION EMPOWERING THE YOUTH OF YEMEN THROUGH EDUCATION TO BECOME A SOURCE OF POSITIVE CHANGE IN THEIR COUNTRY, HOPING TO MAKE THE WORLD A BETTER PLACE. BY IMPROVING THESE OPPORTUNITIES, WE BELIEVE THAT WE CAN IMPROVE LIVING CONDITIONS AS WELL AS EMPLOYMENT OPPORTUNITIES IN HADHRAMOUT AND YEMEN AT LARGE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE HADHRAMOUT FOUNDATION IS A NONPROFIT ORGANIZATION EMPOWERING THE YOUTH OF YEMEN THROUGH EDUCATION TO BECOME A SOURCE OF POSITIVE CHANGE IN THEIR COUNTRY, HOPING TO MAKE THE WORLD A BETTER PLACE. BY IMPROVING THESE OPPORTUNITIES, WE BELIEVE THAT WE CAN IMPROVE LIVING CONDITIONS AS WELL AS EMPLOYMENT OPPORTUNITIES IN HADHRAMOUT AND YEMEN AT LARGE.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$4,795,440
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,795,440
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,795,440

Peer Organizations

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