Alpha Agape Inc

Analysis

Alpha Agape Inc is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in June 2015, 11 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 2022, Alpha Agape Inc reported income of $109k and spending of $82k, leaving 25% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $305k to $109k (-64%), an average of -29% a year. The sharpest change came in the year to December 2021, when income dropped by 78%. Over the whole period it spent 46% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Alpha Agape Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within TX. Charities of a similar size with the same main cause include Woodston Camp Inc ($109k), Khmer Theravadin Buddist Assoc of Tacoma and Pierce County ($109k) and Hub 4-Hope Ministries Inc ($109k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.