A Continuous Charity Foundation

Analysis

A Continuous Charity Foundation is a registered charity in United States, based in Irving, TX. It received its IRS tax-exemption ruling in June 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, A Continuous Charity Foundation reported income of $2.6m and spending of $1.6m, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $872k to $2.6m (+194%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 50% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, A Continuous Charity Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Twin Ridges Home Study Charter School ($2.6m), Spida Inc ($2.6m) and Sinclair Community College Foundation ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Other salaries and wages came to $939k. It paid $17k in professional fundraising fees. At year end it held assets of $5.3m against liabilities of $121k, net assets of $5.2m.