Agape Raymondville Properties Inc

Analysis

Agape Raymondville Properties Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in January 1989, 37 years ago. 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 2023, Agape Raymondville Properties Inc reported income of $654k and spending of $615k, spending 94% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $551k to $654k (+19%), an average of +4.4% a year. The sharpest change came in the year to August 2021, when income rose by 37%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Agape Raymondville Properties Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Rio Grande Habitat for Humanity ($654k), Central Missouri Honor Flight Inc ($654k) and Friends of the St Lawrence Church ($654k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $2.4m against liabilities of $1.5m, net assets of $843k.