A Continuous Charity

A Continuous Charity, also known as A Continuous Charity Foundation, is a left-of-center organization that distributes funds to Muslim students across the United States. Funds provided to students are interest-free loans, distributed based on what the Foundation characterizes as the “merit, need, community involvement, Islamic awareness, and location,” of the person. 1

At-A-Glance

Website: acceducate.org
Founded:

2013

Executive Director:

Faizan Syed

Location: Irving, TX View on map
Tax ID: 45-5424452
Most Recent Filing: 2024
Budget (2024): Assets: $5,893,156 Revenue: $2,359,193 Expenses: $1,695,699

Contents

    The organization’s executive director, Faizan Syed, is also the executive director of the Council on American-Islamic Relations’ Texas chapter. 2

    Background

    A Continuous Charity (ACC), also known as A Continuous Charity Foundation, is a left-of-center Muslim organization that distributes funds raised by “local community fundraisers, sponsors, and investments” to Muslim students across the United States. The funds provided to said students are interest-free loans and are distributed based on what it characterizes as the “merit, need, community involvement, Islamic awareness, and location” of the recipient. 1

    Those eligible for funding include Muslim students who are beginning higher education, need support to finish a degree, and students who have completed higher education but have “outstanding interest-based loans.” 1

    ACC has chapters in California, Minnesota, Wisconsin, Illinois, Ohio, Michigan, Florida, Pennsylvania, New Jersey, and Virginia. 1

    Financials

    A Continuous Charity receives most of its revenue from contributions, gifts, and grants.

    ACC’s total revenue for 2013 amounted to $77,356 with a total of $50,619 in expenses. Of its revenue, ACC received $9,599 from investment income and $67,757 from fundraising. 3

    ACC received a total of $126,848 in 2014, $119,231 in 2015, $310,431 in 2016, $334,145 in 2017, $607,280 in 2018, $891,926 in 2019, and just under $1.2 million in 2020. Contributions, gifts, and grants made up 98.1 percent and 87.2 percent of ACC’s revenue in 2014 and 2020 respectively, and 100 percent from 2015 until 2019. 3

    ACC had approximately $30,000 in total functional expenses in 2014, around $65,000 in 2015, just over $17,000 in 2016, slightly less than $75,000 in 2017, just over $160,000 in 2018, just under $160,000 in 2019, and slightly more than $550,000 in 2020. The average percentage of expenses spent on salaries and wages is between approximately 40 percent and 60 percent. 3

    People

    Faizan Syed has been A Continuous Charity’s executive director since January 2013. Prior to his position at ACC, Syed was the executive director of the Council on American-Islamic Relations’ (CAIR) Missouri chapter from January 2011 until October 2019, when he was named the executive director of CAIR-Texas. 4 5

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2024 $5,893,156 $2,359,193 $1,695,699 View
    2023 $5,287,705 $2,559,784 $1,600,496 View
    2022 $4,446,205 $1,568,378 $1,087,609 View
    2021 $4,021,708 $1,736,802 $603,934 View
    2020 $2,851,103 $1,188,163 $553,773 View

    Prior year filings: 2019, 2018, 2017, 2015, 2014, 2013

    Revenue Detail

    Expenses Detail

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $588,779
    • Number of Grants: 77
    • Number of Funders: 35

    Selection of highest value grants received from the last seven years:

    AmountYearFunderSubject
    $85,0002021 Giveaseed FoundationGENERAL SUPPORT
    $34,7962020 American Online Giving Foundation IncGeneral support
    $34,5412023 Fidelity Investments Charitable Gift FundFor grant recipient's exempt purposes
    $29,9452024 American Online Giving Foundation IncGENERAL SUPPORT
    $27,7372025 American Online Giving Foundation IncGENERAL SUPPORT
    $25,0002021 The Eman FoundationEDUCATING MUSLIMS IN NORTH AMERICA IN FINANCIAL NEED BY PROVIDING INTEREST FREE LOANS TO PAY FOR HIGHER EDUCATION
    $25,0002021 Muslim Aid AmericaPROGRAM SUPPORT
    $20,0002023 Albaba School FoundationRELIGIOUS CENTER
    $20,0002022 Barzinji Family FoundationPROGRAM SUPPORT – SOCIAL/ HUMANITARIAN SERVICES
    $18,1182024 Charities Aid Foundation of AmericaCHARITABLE DONATION
    $15,0002024 Barzinji Family FoundationPROGRAM SUPPORT – SOCIAL/ HUMANITARIAN SERVICES
    $15,0002023 Barzinji Family FoundationPROGRAM SUPPORT – SOCIAL/ HUMANITARIAN SERVICES
    $14,6502021 American Muslim Community FoundationFOR GENERAL PHILANTHROPY, RELIGIOUSLY MANDATED ALMSGIVING AND COMMUNITY POOLED FUNDING.
    $13,0002023 The Eman FoundationEDUCATES STUDENTS IN FINANCIAL NEED
    $11,9002024 American Muslim Community FoundationGENERAL PHILANTHROPY
    $10,6502020 American Muslim Community FoundationPrograms
    $10,0002024 Moss Adams FoundationGIVEBACK GRANT
    $10,0002024 The Alnour FoundationCHARITY
    $10,0002024 Khan Family FoundationGENERAL PURPOSE CONTRIBUTION
    $10,0002020 Afzal Family FoundationFOUNDATION THAT PROVIDESHUMANITARIAN AID ANDINTERCULTURAL EDUCATION
    $9,5002023 Sidra FoundationSUPPORT
    $8,7902024 Donor Advised Charitable Giving, Inc.EDUCATION
    $7,5002021 Sidra FoundationCHARITABLE USE
    $6,8502020 Fidelity Investments Charitable Gift FundFor grant recipient's exempt purposes
    $5,6502024 Nisar Foundation IncRELIGIOUS CHARITY

    References

    1. “About Us A Continuous Charity.” Accessed November 7, 2022. https://acceducate.org/about-us/.
    2. “Council on American Islamic Relations (CAIR) – National Headquarters.” Clarion Project. January 17, 2013. Accessed November 7, 2022. https://clarionproject.org/council-islamic-relations-cair/.
    3. Suozzo, Andrea. “A Continuous Charity Foundation – Nonprofit Explorer.” ProPublica. May 9, 2013. Accessed November 7, 2022. https://projects.propublica.org/nonprofits/organizations/455424452.
    4. [1] “Faizan Syed.” LinkedIn. Accessed November 7, 2022. https://www.linkedin.com/in/faizan-syed-99b60331/.
    5. “Faizan Syed, Executive Director.” Accessed November 7, 2022. https://www.cairdfw.org/faizansyed.