Agape Home Inc

Analysis

Agape Home Inc is a registered charity in United States, based in Moore Haven, FL. It received its IRS tax-exemption ruling in February 1998, 28 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 December 2023, Agape Home Inc reported income of $193k and spending of $166k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $162k to $193k (+20%), an average of +4.6% a year. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Agape Home Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include Common Garments Ministry Inc ($193k), Mercy Meals and More ($193k) and Hope for Haitian Children Foundation ($193k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $348k against liabilities of $213, net assets of $347k.