Agape Development Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 530,773 | 373,745 | 157,028 | 10.6 | 53% |
| 2012 | 597,357 | 469,599 | 127,758 | 11.8 | 51% |
| 2013 | 618,174 | 604,518 | 13,656 | 9.4 | 52% |
| 2014 | 1,003,294 | 686,692 | 316,602 | 13.8 | 51% |
| 2015 | 1,148,719 | 688,835 | 459,884 | 21.8 | 52% |
| 2016 | 421,885 | 320,873 | 101,012 | 50.5 | 49% |
| 2017 | 1,343,738 | 1,062,421 | 281,317 | 18.4 | 48% |
| 2018 | 2,538,287 | 1,884,544 | 653,743 | 16.2 | 42% |
| 2019 | 5,680,583 | 2,004,070 | 3,676,513 | 39.5 | 44% |
| 2020 | 2,561,831 | 1,945,172 | 616,659 | 44.5 | 43% |
| 2021 | 3,278,062 | 4,507,267 | −1,229,205 | 15.9 | 19% |
| 2022 | 3,787,112 | 4,918,238 | −1,131,126 | 12.5 | 19% |
| 2023 | 2,378,158 | 3,712,685 | −1,334,527 | 11.5 | 27% |
In its most recent public year (2023), this organization spent $1,334,527 more than it brought in. Its reserves stood at about 11.5 months of spending. Staff pay was 27% of spending. $50,000 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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