Agapes Grace

Analysis

Agapes Grace is a registered charity in United States, based in Louisburg, KS. It received its IRS tax-exemption ruling in July 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2022, Agapes Grace reported income of $571k and spending of $638k, spending 112% of what it took in. Across the 4 years on record, from December 2019 to June 2022, income fell from $947k to $571k (-40%), an average of -16% a year. The sharpest change came in the year to June 2022, when income dropped by 51%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Agapes Grace sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within KS. Charities of a similar size with the same main cause include Blue Prints for Learning ($571k), Fox Vocational Services ($571k) and Columbus Federation of Settlements ($571k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 0.3% and program service revenue 93% of the total. Other salaries and wages came to $406k. At year end it held assets of $241k against liabilities of $83k, net assets of $157k. It reported 56 employees.