Agape Outreach Ministries a New Jersey Nonprofit Corporation

Analysis

Agape Outreach Ministries a New Jersey Nonprofit Corporation is a registered charity in United States, based in Jackson, NJ. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Agape Outreach Ministries a New Jersey Nonprofit Corporation reported income of $380k and spending of $394k, spending 104% of its income. Across the 3 years on record, from August 2022 to August 2024, income grew from $123k to $380k (+208%), an average of +76% a year. The sharpest change came in the year to August 2023, when income rose by 249%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Agape Outreach Ministries a New Jersey Nonprofit Corporation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within NJ. Charities of a similar size with the same main cause include Cypress Ranch High School Band Booster Club ($380k), America Chinese Evangelical Seminary ($380k) and Leadership Sevier Inc ($380k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 1.2% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $179k (45% of expenses). It paid $14k in professional fundraising fees. At year end it held assets of $94k against liabilities of $0, net assets of $94k. It reported 54 employees.