Agnus Dei Foundation

Analysis

Agnus Dei Foundation is a registered charity in United States, based in Escondido, CA. It received its IRS tax-exemption ruling in January 2013, 13 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, Agnus Dei Foundation reported income of $894k and spending of $475k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $362k to $894k (+147%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 82%. Over the whole period it spent 55% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Agnus Dei Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Prolove Ministries ($893k), Abundant Grace Coastside Worker ($894k) and Child Care Junction Inc ($893k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $65k (14% of expenses). Other salaries and wages came to $146k. At year end it held assets of $1.7m against liabilities of $8,349, net assets of $1.7m. It reported 14 employees.