Israel Firstfruits Inc

Analysis

Israel Firstfruits Inc is a registered charity in United States, based in Grapevine, TX. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Israel Firstfruits Inc reported income of $735k and spending of $661k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $662k to $735k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 90% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Israel Firstfruits Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Trek Medics International Inc ($735k), Roots Ethiopia Inc ($736k) and Wowlife Inc ($735k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 109% of the total. Other salaries and wages came to $120k. It paid $13k in professional fundraising fees. At year end it held assets of $419k against liabilities of $2,161, net assets of $417k. It reported 3 employees.