Agape Ministries Global

Analysis

Agape Ministries Global is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2024, Agape Ministries Global reported income of $630k and spending of $714k, spending 113% of what it took in. Across the 6 years on record, from September 2019 to September 2024, income grew from $625k to $630k (+0.8%), an average of +0.2% a year. The sharpest change came in the year to September 2023, when income rose by 24%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Agape Ministries Global 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 74th percentile, and in the 75th percentile within MT. Charities of a similar size with the same main cause include Project Hope of Northeast Allegan County Inc ($630k), NJ State Pba Survivor and Welfare Fund ($630k) and New Vision for Independence Inc ($630k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 1.5% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $150k (21% of expenses). Other salaries and wages came to $294k. At year end it held assets of $468k against liabilities of $0, net assets of $468k. It reported 95 employees.