Agape Housing Inc
Analysis
Agape Housing Inc is a registered charity in United States, based in Duluth, GA. It received its IRS tax-exemption ruling in July 1981, 45 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Housing Inc reported income of $703k and spending of $481k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $655k to $703k (+7.3%), an average of +1.8% a year. Over the whole period it spent 77% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Agape Housing Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within GA. Charities of a similar size with the same main cause include National Alliance for Safe Housing Inc ($702k), Baby Steps ($703k) and Nysd Rombouts Housing Development Fund Company Inc ($702k).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $106k. At year end it held assets of $619k against liabilities of $445k, net assets of $174k.
Income and spending
Where the income comes from
- Program services 98%
- Other 1.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| National Alliance for Safe Housing Inc | Washington | $702k |
| Baby Steps | Auburn | $703k |
| Nysd Rombouts Housing Development Fund Company Inc | New York | $702k |
| Ecorse Non-Profit Housing Corp | Warren | $703k |