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Ontario · Registered charity

National Zakat Foundation

National Zakat Foundation (Ontario) receives grants from 92 organizations whose Canada Revenue Agency filings report C$10,142,969 to it, the largest being CANADAHELPS CANADON (C$2,299,848). 44 of them have funded it in more than one year.

C$7.2M
Revenue FY2024
92
Funders on record
C$10M
Grants received
C$3.9M
Net assets
44/92 repeat funderspeak grant-dependency 46%

Against its field

National Zakat Foundation has grown faster than three-quarters of the 83 islam nonprofits its size.

Operating margin2% · bottom quartile
Months of reserve3.7mo · below the median
Revenue growth (annualized)29% · top quartile

this organization peer median middle 50% of peers· 83 islam nonprofits $1M–$10M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 (C$1.2M) Expenses 100 (C$887k) Net assets 100 (C$470k)2018 Revenue 175 (C$2.2M) Expenses 148 (C$1.3M) Net assets 283 (C$1.3M)2019 Revenue 289 (C$3.6M) Expenses 354 (C$3.1M) Net assets 377 (C$1.8M)2020 Revenue 512 (C$6.3M) Expenses 466 (C$4.1M) Net assets 847 (C$4.0M)2021 Revenue 585 (C$7.2M) Expenses 740 (C$6.6M) Net assets 914 (C$4.3M)2022 Revenue 710 (C$8.8M) Expenses 938 (C$8.3M) Net assets 1000 (C$4.7M)2023 Revenue 801 (C$9.9M) Expenses 1226 (C$11M) Net assets 801 (C$3.8M)2024 Revenue 580 (C$7.2M) Expenses 795 (C$7.1M) Net assets 830 (C$3.9M)
'17'18'19'20'21'22'23'24
Revenue (580)Expenses (795)Net assets (830)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 18% · 2021 5% · 2022 14% · 2023 9% · 2024 1%. Grants only. Government contracts and fees sit inside program revenue.

99% of National Zakat Foundation’s revenue is contributions — more reliant on donations than three-quarters of its peers (87% for the typical peer).

This organization
Typical peer · 84 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

C$352k
’17
C$855k
’18
C$442k
’19
C$2.2M
’20
C$689k
’21
C$480k
’22
−C$937k
’23
C$135k
’24
3.7
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 6 funders to 44 funders, grant income rose C$38k → C$2.7M.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
total
C$2.3M
C$505k
C$496k
C$360k
C$275k
C$232k
Makeway Foundationunclassified
C$76k
C$75k
funders
6
11
18
35
35
37
44
29

From the CRA filings of National Zakat Foundation’s funders (the co-funder graph). Top 30 of 92 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024 is still being filed and is shown unshaded; it does not move any figure on this page.

How concentrated its funding is

National Zakat Foundation has a broad base — no single funder exceeds 23% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund National Zakat Foundation.

23%
largest funder
47%
top three
~10
effective funders

Largest funder’s share by year: 2017 39% · 2018 42% · 2019 93% · 2020 26% · 2021 26% · 2022 17% · 2023 47% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024 is still being filed and is shown unshaded; it does not move any figure on this page.

How long its funders stay

40% of National Zakat Foundation's funders are still giving 3 years after their first grant; 48% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

81% of National Zakat Foundation's grant income comes from Ontario funders.

In-province vs out-of-province, by year

’17
’18
’19
’20
’21
’22
’23
Ontario out of province

Funder regions come from each funder’s own filing. C$428k arriving through sponsors registered in 3 regions is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024 is still being filed and is shown unshaded; it does not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 92 funders put you typical among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Government revenue National Zakat Foundation reports

Federal, provincial and municipal funding on the organization’s own T3010 return.

FY2024C$44k
20
21
22
23
24
  • 1% of FY2024 revenue
  • As filed, not traced to an award

Organizations like National Zakat Foundation

Organizations whose mission and program text most resemble this one, by semantic similarity over every charity on the CRA register — the closest peers, and often the clearest route to shared or prospective funders.

In Ontario

Nationally

04Profile & governance

Read directly from this organization’s own T3010 return, as neutral context.

Where the money goes

85% of spending goes to programs.

Program 85%Management 2%Fundraising 13%

Governance

3
board members

Questions and answers

Who funds National Zakat Foundation?
National Zakat Foundation (Ontario) receives grants from 92 organizations whose Canada Revenue Agency filings report C$10,142,969 to it, the largest being CANADAHELPS CANADON (C$2,299,848). 44 of them have funded it in more than one year.
How many funders does National Zakat Foundation have?
Canada Revenue Agency filings report 92 organizations giving C$10,142,969 in grants to National Zakat Foundation, 44 of which have funded it in more than one year.
Who is the largest funder of National Zakat Foundation?
CANADAHELPS CANADON is the largest funder on record, with C$2,299,848 in grants. The full list of funders is on this page.
How can an organization like National Zakat Foundation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Ontario.

These figures are read directly from the CRA's published T3010 data: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 92 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported September 23, 2026. What this page cannot tell you · View the T3010 on the CRA register