Agape Love Ministries

Analysis

Agape Love Ministries is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Agape Love Ministries reported income of $226k and spending of $265k, spending 117% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income grew from $93k to $226k (+144%), an average of +56% a year. The sharpest change came in the year to December 2020, when income rose by 153%. Over the whole period it spent 76% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Agape Love Ministries sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within OH. Charities of a similar size with the same main cause include Randydon Ministries ($226k), Waymaker International Ministries ($226k) and H&m Christian Retreats Inc ($226k).

On its Form 990 for the period ending December 2021, revenue came from program service revenue 100% of the total. At year end it held assets of $388k against liabilities of $212k, net assets of $176k.