Agape Hands

Analysis

Agape Hands is a registered charity in United States, based in Port Hueneme, CA. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Agape Hands reported income of $192k and spending of $487k, spending 253% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $209k to $192k (-7.8%), an average of -4.0% a year. The sharpest change came in the year to December 2022, when income rose by 951%. Over the whole period it spent 39% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Agape Hands sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Cabot Lighthouse Ministries Inc ($192k), Ebenezer Social Action & Community Development Enterprise ($192k) and Ethiopian Community Center Las Vegas NV ($192k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $74k (15% of expenses). At year end it held assets of $1.7m against liabilities of $20, net assets of $1.7m.