Agape Food Rescue Inc

Analysis

Agape Food Rescue Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Agape Food Rescue Inc reported income of $2.7m and spending of $2.6m, spending 99% of its income. Across the 2 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.7m (+52%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Agape Food Rescue Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include The Acorn School for Early Childhood Development ($2.7m), City Serve of the Tri-Valley ($2.7m) and Lopez Island Family Resource Center ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k. It reported 1 employees.