Agape Counseling Associates Inc

Analysis

Agape Counseling Associates Inc is a registered charity in United States, based in Penfield, NY. It received its IRS tax-exemption ruling in October 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Agape Counseling Associates Inc reported income of $813k and spending of $911k, spending 112% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $624k to $813k (+30%), an average of +6.8% a year. The sharpest change came in the year to September 2020, when income rose by 15%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Agape Counseling Associates Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Cache Humane Society ($812k), Jamestown Fine Arts Association Incorporated ($813k) and Clinton Child Care Service Inc ($812k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $70k (7.7% of expenses). Other salaries and wages came to $619k. At year end it held assets of $234k against liabilities of $57k, net assets of $177k. It reported 26 employees.