First Fruits Ministries Inc

Analysis

First Fruits Ministries Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in November 1998, 28 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, First Fruits Ministries Inc reported income of $484k and spending of $521k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $253k to $484k (+92%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, First Fruits Ministries Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within OK. Charities of a similar size with the same main cause include One Heart Ministries Inc ($484k), Avot Inc ($484k) and Iglesia de Cristo Casa de Jubilo ($484k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $427k against liabilities of $0, net assets of $427k.