Agape Life Community Development Corporation

Analysis

Agape Life Community Development Corporation is a registered charity in United States, based in Laurel, MD. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Agape Life Community Development Corporation reported income of $65k and spending of $56k, spending 86% of its income. Across the 2 years on record, from December 2021 to December 2023, income grew from $24k to $65k (+176%), an average of +176% a year. The sharpest change came in the year to December 2023, when income rose by 176%. Over the whole period it spent 106% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Agape Life Community Development Corporation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within MD. Charities of a similar size with the same main cause include Renee Montgomery Foundation Inc ($65k), Revival Coalition Inc ($65k) and Village Nation ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.