Agape Love in Action Inc

Analysis

Agape Love in Action Inc is a registered charity in United States, based in Manassas, VA. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Love in Action Inc reported income of $73k and spending of $62k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $214k to $73k (-66%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 26% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Agape Love in Action Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 28th percentile within VA. Charities of a similar size with the same main cause include Moline Community Development Corporation NFP ($73k), Urban Jobs Task Force of Syracuse Inc ($73k) and Southwest Michigan Millwright Contractors Industrial Fund Inc ($72k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.