Agape Homes Cdc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 2,713,134 | 36,038 | 2,677,096 | 891.4 | 0% |
| 2022 | 3,855,724 | 1,573,823 | 2,281,901 | 37.8 | 0% |
| 2023 | 1,547,787 | 932,092 | 615,695 | 70.5 | 0% |
In its most recent public year (2023), this organization brought in $615,695 more than it spent. Its reserves stood at about 70.5 months of spending, down from 891.4 in 2021. Staff pay was 0% of spending.
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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