Downey Agape Church

Analysis

Downey Agape Church is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Downey Agape Church reported income of $298k and spending of $298k, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $214k to $298k (+39%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 122% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Downey Agape Church sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Ministerios Emmanuel Inc ($298k), Iglesia Mision Pentecostes Cristo Viene ($298k) and Bud Ministries Inc ($298k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $75k. At year end it held assets of $29k against liabilities of $267k, net assets of -$239k. It reported 2 employees.