Agape Ministry

Analysis

Agape Ministry is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in February 2000, 26 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 Ministry reported income of $180k and spending of $187k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $146k to $180k (+23%), an average of +5.3% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Agape Ministry sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Loudon Food Pantry ($180k), Handicap Relief Fund Inc ($180k) and Korean Society of Maryland Inc ($180k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $14k (7.7% of expenses). Other salaries and wages came to $31k. At year end it held assets of $133k against liabilities of $4,044, net assets of $129k. It reported 5 employees.