Agapao Fellowship

Analysis

Agapao Fellowship is a registered charity in United States, based in Downey, CA. It received its IRS tax-exemption ruling in February 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Agapao Fellowship reported income of $401k and spending of $5,172, leaving 99% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $420k to $401k (-4.6%), an average of -4.6% a year. Over the whole period it spent 4.3% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Agapao Fellowship sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Ashland Faith Fund Inc ($401k), Southern West Virginia Community College Foundation ($401k) and Utah Association for the Education of Young Children ($401k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $786k against liabilities of $0, net assets of $786k.