Agape Christian Ministries

Analysis

Agape Christian Ministries is a registered charity in United States, based in Bedford, KY. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Christian Ministries reported income of $121k and spending of $42k, leaving 65% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $121k (+54%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 54% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Agape Christian Ministries sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within KY. Charities of a similar size with the same main cause include Lion Outreach International Inc ($121k), Foundation for Religion and Mental Health Inc ($121k) and HDGMVN Religious Support Funds ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. At year end it held assets of $138k against liabilities of $0, net assets of $138k.