Agape Marketplace

Analysis

Agape Marketplace is a registered charity in United States, based in Senatobia, MS. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Marketplace reported income of $57k and spending of $58k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $57k (+1.4%), an average of +1.4% a year. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Agape Marketplace sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within MS. Charities of a similar size with the same main cause include Family Matters of Posey County Indiana Inc ($57k), Neighbors in Christ Inc ($57k) and Bear Valley Meals on Wheels Inc ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% of the total. At year end it held assets of $4,372 against liabilities of $0, net assets of $4,372.