Agape of Appleton Inc

Analysis

Agape of Appleton Inc is a registered charity in United States, based in Appleton, WI. It received its IRS tax-exemption ruling in June 1975, 51 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 of Appleton Inc reported income of $9.3m and spending of $9.3m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.4m to $9.3m (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Agape of Appleton Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within WI. Charities of a similar size with the same main cause include Sports SD Inc ($9.3m), Catholic Charities of Shiawassee & Genesee Counties ($9.3m) and Southeastern Indiana Health Management Inc ($9.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $336k (3.6% of expenses). Other salaries and wages came to $6.0m. At year end it held assets of $4.5m against liabilities of $613k, net assets of $3.9m. It reported 201 employees.