X — Religion-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$3,442,605↑23%$3,215,881↑16%$1,745,177↓3%
2022$2,794,149↑18%$2,776,737↑21%$1,806,805↓2%
2021$2,375,960↓17%$2,293,847↓17%$1,843,216↑1%
2020$2,861,968↓7%$2,750,852↓12%$1,830,993↑1%
2019$3,078,847↑190%$3,132,962↑240%$1,809,500↑9%
2018$1,060,338↑52%$921,438↑46%$1,662,199↑10%
2017$697,003↑14%$630,559↓5%$1,514,569↑15%
2016$609,549↓10%$664,281↑8%$1,318,671↓5%
2015$676,945↑5%$614,116↑4%$1,385,773↑5%
2014$643,108↑20%$593,077↑17%$1,322,964↑1%
2013$534,897$504,952↑10%$1,304,132
2012$533,104↑39%$459,891↑2%$1,310,554↑4%
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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