Agape Baptist Church

Analysis

Agape Baptist Church is a registered charity in United States, based in Renton, WA. It received its IRS tax-exemption ruling in August 1964, 62 years ago. 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 2023, Agape Baptist Church reported income of $133k and spending of $134k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $196k to $133k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Agape Baptist Church sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 40th percentile within WA. Charities of a similar size with the same main cause include Henderson Fire Department Relief Association ($132k), Brown Alumni Association ($133k) and North Dakota Veterans Home Foundation Inc ($132k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $137k against liabilities of $0, net assets of $137k.