Agape Food Rescue Inc
EIN: 471782688 · Brooklyn, NY · NTEE: K31
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $2.6M |
| Net Assets | $55K |
Is Agape Food Rescue Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Agape Food Rescue Inc
Agape Food Rescue Inc (EIN: 471782688) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code K31. The organization reported total revenue of $3.0M and total assets of $107K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Agape Food Rescue Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Agape Food Rescue Inc is a mid-size nonprofit that has been operating for 7 years, with 2 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 11.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $2.6M |
| Surplus / Deficit | +$25K |
| Total Assets | $55K |
| Net Assets | $55K |
| Operating Margin | 0.9% |
| Months of Reserves | 0.3 months |
Financial Health Grade: A
In 2023, Agape Food Rescue Inc reported a surplus of $25K with revenue exceeding expenses, holds 0.3 months of operating reserves (limited).
Financial Trends
Over 2 years of filings (2019–2023), Agape Food Rescue Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +52.4% | +51.7% | +607.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Agape Food Rescue Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Agape Food Rescue Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $25K, with revenue exceeding expenses.
Frequently Asked Questions about Agape Food Rescue Inc
Is Agape Food Rescue Inc a legitimate charity?
Agape Food Rescue Inc (EIN: 471782688) is a registered tax-exempt nonprofit based in New York. It has 2 years of IRS 990 filings on record. Total revenue: $3.0M. No red flags identified. Financial health grade: A.
How does Agape Food Rescue Inc spend its money?
Agape Food Rescue Inc reported $3.0M in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Agape Food Rescue Inc tax-deductible?
Agape Food Rescue Inc is registered as a tax-exempt nonprofit (EIN: 471782688). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Agape Food Rescue Inc located?
Agape Food Rescue Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 471782688. It is classified under NTEE code K31.
How many years of IRS 990 filings does Agape Food Rescue Inc have?
Agape Food Rescue Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $3.0M in total revenue.
Filing History
IRS 990 filing history for Agape Food Rescue Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2019–2023), Agape Food Rescue Inc's revenue has grown by 52.4%, moving from $1.7M to $2.7M. Total assets increased by 607.7% over the same period, from $8K to $55K. Total functional expenses rose by 51.7%, from $1.7M to $2.6M. In its most recent filing year (2023), Agape Food Rescue Inc reported a surplus of $25K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.7M | $2.6M | $55K | $0 | — | — |
| 2019 | $1.7M | $1.7M | $8K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Agape Food Rescue Inc:
Data Sources and Methodology
This transparency report for Agape Food Rescue Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.