Agape Global

Analysis

Agape Global is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in November 2018, 8 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 Global reported income of $888k and spending of $726k, spending 82% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $449k to $888k (+98%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 519%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Agape Global sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within VA. Charities of a similar size with the same main cause include Ketchikan Wellness Coalition ($888k), Marconi Foundation for Kids ($888k) and California Chronic Care Coalition ($888k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $106k (15% of expenses). Other salaries and wages came to $7,894. At year end it held assets of $110k against liabilities of $0, net assets of $110k.