Agape Community Center Inc

Analysis

Agape Community Center Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in December 1998, 28 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Community Center Inc reported income of $3.5m and spending of $3.7m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $3.5m (+42%), an average of +9.1% a year. The sharpest change came in the year to December 2022, when income rose by 63%. Over the whole period it spent 79% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Agape Community Center Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within GA. Charities of a similar size with the same main cause include Pine Valley Bible Conference Association Inc ($3.5m), San Diego Volleyball Club ($3.5m) and Washington Premier Football Club ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $219k (6.0% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $13.2m against liabilities of $163k, net assets of $13.0m. It reported 62 employees.