Agape Network Inc

Analysis

Agape Network Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in March 1985, 41 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 June 2024, Agape Network Inc reported income of $18.1m and spending of $16.5m, spending 91% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $7.5m to $18.1m (+141%), an average of +24% a year. The sharpest change came in the year to June 2021, when income rose by 46%. Over the whole period it spent 121% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Agape Network 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 97th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include National Law Enforcement Telecommunications Systems Inc ($18.0m), Concordance Academy of Leadership ($18.2m) and Americans United for Separation of Church and State Inc ($17.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 88% and program service revenue 12% of the total. Other salaries and wages came to $9.3m. At year end it held assets of $25.5m against liabilities of $36.9m, net assets of -$11.4m. It reported 241 employees.