Agape Child Care Center

Analysis

Agape Child Care Center is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in November 1982, 44 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Agape Child Care Center reported income of $1.0m and spending of $876k, spending 86% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $985k to $1.0m (+3.7%), an average of +1.2% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Agape Child Care Center sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within WA. Charities of a similar size with the same main cause include Covenant Care Services Inc ($1.0m), Visionserve Alliance Inc ($1.0m) and Tender Years ($1.0m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $90k (10% of expenses). Other salaries and wages came to $416k. At year end it held assets of $67k against liabilities of $68k, net assets of -$1,335. It reported 20 employees.