Agape Therapy Institute Corporation

Analysis

Agape Therapy Institute Corporation is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 December 2023, Agape Therapy Institute Corporation reported income of $308k and spending of $375k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $209k to $308k (+47%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 47%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Agape Therapy Institute Corporation 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 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Help Our Wounded Foundation ($308k), National Fabry Disease Foundation ($308k) and Valois Logan & Hector Volunteer Fire Co Inc ($308k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $88k (23% of expenses). Other salaries and wages came to $149k. At year end it held assets of $70k against liabilities of $0, net assets of $70k. It reported 17 employees.