Agape Flights Inc

Analysis

Agape Flights Inc is a registered charity in United States, based in Venice, FL. It received its IRS tax-exemption ruling in August 1981, 45 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Flights Inc reported income of $2.4m and spending of $2.1m, spending 88% of its income. Across the 6 years on record, from September 2019 to December 2023, income fell from $3.5m to $2.4m (-34%), an average of -7.8% a year. The sharpest change came in the year to December 2021, when income rose by 320%. Over the whole period it spent 82% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Agape Flights Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Haiti Outreach Ministries ($2.4m), International American Education Foundation Inc ($2.4m) and Take Heart Incorporated ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $154k (7.4% of expenses). Other salaries and wages came to $593k. At year end it held assets of $5.8m against liabilities of $42k, net assets of $5.8m. It reported 14 employees.