Agconnect Ministries

Analysis

Agconnect Ministries is a registered charity in United States, based in Gap, PA. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Agconnect Ministries reported income of $274k and spending of $261k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $120k to $274k (+129%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 102%. Over the whole period it spent 90% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Agconnect Ministries sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within PA. Charities of a similar size with the same main cause include Junior Achievement of Southwest Virginia Inc ($274k), CTC Ten Foundation ($274k) and Project Ethiopia ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $110k. At year end it held assets of $119k against liabilities of $434, net assets of $119k. It reported 4 employees.