XReligion-RelatedEIN: 311742774· Ruling Year: 2001

First Fruit Ministries

Wilmington, North Carolina

A-Health Score
79A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

💰
$3.4M
Total Revenue
📊
$3.2M
Total Expenses
🏦
$1.4M
Net Assets
📋
$348K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+23.2%
Year-over-year change (2022 → 2023)
Net Margin
+6.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.43
Net assets divided by total expenses
Liabilities-to-Assets
19.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,442,60523%$3,215,88116%$1,745,1773%
2022$2,794,14918%$2,776,73721%$1,806,8052%
2021$2,375,96017%$2,293,84717%$1,843,2161%
2020$2,861,9687%$2,750,85212%$1,830,9931%
2019$3,078,847190%$3,132,962240%$1,809,5009%
2018$1,060,33852%$921,43846%$1,662,19910%
2017$697,00314%$630,5595%$1,514,56915%
2016$609,54910%$664,2818%$1,318,6715%
2015$676,9455%$614,1164%$1,385,7735%
2014$643,10820%$593,07717%$1,322,9641%
2013$534,897$504,95210%$1,304,132
2012$533,10439%$459,8912%$1,310,5544%
2011$384,706$451,365$1,259,980

Frequently Asked Questions

What does First Fruit Ministries do?

First Fruit Ministries is a religion-related nonprofit organization based in North Carolina. It is classified under NTEE code X21 and is registered as a 501(c) tax-exempt organization with the IRS.

Is First Fruit Ministries financially healthy?

Based on our 9-metric Financial Health Score model, First Fruit Ministries has a score of 79/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does First Fruit Ministries generate?

First Fruit Ministries reports $3.3M in annual revenue and holds $2.1M in total assets, based on IRS filings.

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