Agape Early Childhood Learning Development & Family Life Cen Inc

Analysis

Agape Early Childhood Learning Development & Family Life Cen Inc is a registered charity in United States, based in Brentwood, MD. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover human services, 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 Early Childhood Learning Development & Family Life Cen Inc reported income of $612k and spending of $606k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $537k to $612k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2021, when income rose by 81%. 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 Early Childhood Learning Development & Family Life Cen Inc 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 73rd percentile, and in the 72nd percentile within MD. Charities of a similar size with the same main cause include Camden County Family Support Organization Inc ($612k), Foundation Industries Inc ($612k) and Hopewell Food Pantry ($612k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.6% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $48k (7.9% of expenses). Other salaries and wages came to $458k. At year end it held assets of $216k against liabilities of $12k, net assets of $204k. It reported 22 employees.