First Fruits of Zion Inc
Analysis
First Fruits of Zion Inc is a registered charity in United States, based in Marshfield, MO. It received its IRS tax-exemption ruling in March 1994, 32 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 of Zion Inc reported income of $5.0m and spending of $4.0m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $5.0m (+70%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 86% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, First Fruits of Zion Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within MO. Charities of a similar size with the same main cause include Soulmedic Media Group Inc ($5.0m), Time of Grace Ministry ($5.0m) and International Dominican Foundation ($5.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $296k (7.4% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $4.5m against liabilities of $105k, net assets of $4.4m. It reported 34 employees.
Income and spending
Where the income comes from
- Contributions & grants 72%
- Program services 27%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Soulmedic Media Group Inc | Fort Wayne | $5.0m |
| Time of Grace Ministry | Milwaukee | $5.0m |
| International Dominican Foundation | Metairie | $5.0m |
| Heart for Africa Inc | Atlanta | $5.0m |