Agape International Inc

Analysis

Agape International Inc is a registered charity in United States, based in Medfield, MA. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 March 2024, Agape International Inc reported income of $500k and spending of $451k, spending 90% of its income. Across the 6 years on record, from March 2019 to March 2024, income fell from $513k to $500k (-2.5%), an average of -0.5% a year. The sharpest change came in the year to March 2022, when income rose by 264%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Agape International Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within MA. Charities of a similar size with the same main cause include Verde Valley Senior Citizens Assn Inc ($500k), Growing Wings Inc ($500k) and First Baptist Childrens Academy Inc ($500k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $115k (26% of expenses). At year end it held assets of $962k against liabilities of $7,835, net assets of $955k. It reported 1 employees.