Rich Agape Word Ministries Church Inc

Analysis

Rich Agape Word Ministries Church Inc is a registered charity in United States, based in LA Place, LA. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Rich Agape Word Ministries Church Inc reported income of $71k and spending of $68k, spending 96% of its income. Across the 3 years on record, from December 2019 to December 2021, income grew from $35k to $71k (+104%), an average of +43% a year. The sharpest change came in the year to December 2020, when income rose by 73%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Rich Agape Word Ministries Church Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 28th percentile within LA. Charities of a similar size with the same main cause include Tian Der Monastery Inc ($71k), Higher Life Ministries Incorporated ($71k) and Boehms Chapel Society ($71k).

On its Form 990 for the period ending December 2021, revenue came from program service revenue 100% of the total. At year end it held assets of $9,838 against liabilities of $0, net assets of $9,838.