Agape

Analysis

Agape is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Agape reported income of $14.2m and spending of $13.7m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.2m to $14.2m (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Agape sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include New Dawn Charter High School ($14.1m), Christina Seix Academy a New Jersey Nonprofit Corporation ($14.2m) and Options for Youth-San Juan Inc ($14.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $233k (1.7% of expenses). Other salaries and wages came to $6.9m. At year end it held assets of $17.5m against liabilities of $13.0m, net assets of $4.5m. It reported 199 employees.