Agape Corner

Analysis

Agape Corner is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in June 1987, 39 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Agape Corner reported income of $53k and spending of $82k, spending 154% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $84k to $53k (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 134% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Agape Corner sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within NC. Charities of a similar size with the same main cause include 1 in 7b Foundation ($53k), The Urban Farming Guys ($53k) and Give Back Foundation Inc ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% of the total. At year end it held assets of $344k against liabilities of $0, net assets of $344k.