Agape House Inc

Analysis

Agape House Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in September 1987, 39 years ago. 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 House Inc reported income of $191k and spending of $193k, spending 101% of its income. Across the 3 years on record, from December 2018 to December 2023, income fell from $193k to $191k (-1.3%), an average of -0.6% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Agape House Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within MD. Charities of a similar size with the same main cause include Chicago Sunday Evening Club ($191k), Young Mens Christian Association of Bogalusa Louisiana ($191k) and Helen M Little Trust ($191k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. At year end it held assets of $6,392 against liabilities of $13k, net assets of -$6,816.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.