Agape of Central Alabama Inc

Analysis

Agape of Central Alabama Inc is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in July 1978, 48 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Agape of Central Alabama Inc reported income of $1.6m and spending of $1.4m, spending 89% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.1m to $1.6m (+46%), an average of +9.9% a year. The sharpest change came in the year to September 2022, when income rose by 25%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Agape of Central Alabama Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within AL. Charities of a similar size with the same main cause include Shores of Hope ($1.6m), Evergreen Foundation ($1.6m) and Transgender Resource Center of New Mexico ($1.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 77% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $95k (6.6% of expenses). Other salaries and wages came to $702k. At year end it held assets of $746k against liabilities of $118k, net assets of $628k. It reported 22 employees.