World Agape Inc

Analysis

World Agape Inc is a registered charity in United States, based in Arcadia, CA. It received its IRS tax-exemption ruling in September 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, World Agape Inc reported income of $73k and spending of $80k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $69k to $73k (+6.4%), an average of +1.6% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, World Agape Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Klein Texas Historical Foundation ($73k), Vine Associates ($73k) and Ten8 Project ($73k).

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 $8,182 against liabilities of $0, net assets of $8,182.