Agape Sanctuary Inc

Analysis

Agape Sanctuary Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Sanctuary Inc reported income of $79k and spending of $70k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $79k (+11%), an average of +11% a year. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Agape Sanctuary Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include New Perspective Ministries ($79k), Santee Food Bank ($79k) and First Baptist Church Foundation ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $77k against liabilities of $0, net assets of $77k.