Ministerio Agape

Analysis

Ministerio Agape is a registered charity in United States, based in Alamosa, CO. It received its IRS tax-exemption ruling in September 2019, 7 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, Ministerio Agape reported income of $117k and spending of $98k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $117k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ministerio Agape sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 37th percentile within CO. Charities of a similar size with the same main cause include Simple Grace Ministries ($117k), International City Ministry Inc ($117k) and House of Samuel ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.