Agape Community Development Center

Analysis

Agape Community Development Center is a registered charity in United States, based in Canton, MS. It received its IRS tax-exemption ruling in August 2009, 17 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 December 2023, Agape Community Development Center reported income of $308k and spending of $706k, spending 229% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $670k to $308k (-54%), an average of -18% a year. The sharpest change came in the year to December 2022, when income rose by 105%. Over the whole period it spent 124% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Agape Community Development Center sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within MS. Charities of a similar size with the same main cause include Family and Youth Initiative Inc ($308k), Reveille Foundation ($308k) and Growing Veterans ($308k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. Other salaries and wages came to $282k. At year end it held assets of $2.4m against liabilities of $3.0m, net assets of -$608k. It reported 24 employees.