Agape Christian Homes

Analysis

Agape Christian Homes is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in May 1993, 33 years ago. 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 Christian Homes reported income of $568k and spending of $648k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $423k to $568k (+34%), an average of +7.7% a year. The sharpest change came in the year to December 2020, when income rose by 126%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Agape Christian Homes sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Hendricks Regional Health Foundation Inc ($568k), Sabre Society of North Carolina ($568k) and Aurora Community Mental Health Research Institute Inc ($568k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 22% of the total. Other salaries and wages came to $420k. At year end it held assets of $850k against liabilities of $10k, net assets of $840k. It reported 15 employees.