Agape Christian Preschool

Analysis

Agape Christian Preschool is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Agape Christian Preschool reported income of $730k and spending of $774k, spending 106% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $364k to $730k (+100%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 65%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Agape Christian Preschool sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Wildcat Booster Club ($730k), Global Education Benchmark Group ($730k) and Montessori School of Pawleys Island ($730k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $198k (26% of expenses). Other salaries and wages came to $312k. At year end it held assets of $152k against liabilities of $16k, net assets of $136k. It reported 24 employees.