Agape Acers Inc

Analysis

Agape Acers Inc is a registered charity in United States, based in Jefferson Cty, TN. It received its IRS tax-exemption ruling in April 2004, 22 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 Acers Inc reported income of $515k and spending of $458k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $399k to $515k (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2022, when income rose by 77%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Agape Acers Inc 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 71st percentile, and in the 72nd percentile within TN. Charities of a similar size with the same main cause include Aero Missions Inc ($515k), Maranatha Manor Inc ($515k) and Guided Grace Family and Youth Services ($515k).

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 $813k against liabilities of $12k, net assets of $801k.