Agape Outreach Home Inc

Analysis

Agape Outreach Home Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in May 1985, 41 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 March 2024, Agape Outreach Home Inc reported income of $953k and spending of $1.0m, spending 106% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $889k to $953k (+7.2%), an average of +1.8% a year. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Agape Outreach Home Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within TN. Charities of a similar size with the same main cause include Woods Adult Day Care Center Inc ($953k), Caldwell Opportunities Inc ($953k) and Pennsylvania Coalition for Oral Health ($953k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 6.8% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $90k (9.0% of expenses). Other salaries and wages came to $455k. At year end it held assets of $474k against liabilities of $1,977, net assets of $472k. It reported 33 employees.

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.