Agape Evangelical Serives Inc

Analysis

Agape Evangelical Serives Inc is a registered charity in United States, based in Livermore, CA. It received its IRS tax-exemption ruling in October 2021, 5 years ago. 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 July 2024, Agape Evangelical Serives Inc reported income of $52k and spending of $50k, spending 96% of its income. Across the 4 years on record, from July 2021 to July 2024, income fell from $265k to $52k (-80%), an average of -42% a year. The sharpest change came in the year to July 2024, when income dropped by 71%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Agape Evangelical Serives Inc 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 20th percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include Lamar Institute Inc ($52k), Senior Citizens Center of Lone Wolf Inc ($52k) and PTA Florida Congress ($52k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 73% of the total. At year end it held assets of $125k against liabilities of $371, net assets of $125k.