Fruit Bearing Ministries of Durham North Carolina

Analysis

Fruit Bearing Ministries of Durham North Carolina is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fruit Bearing Ministries of Durham North Carolina reported income of $55k and spending of $143k, spending 261% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $5,791 to $55k (+845%), an average of +57% a year. The sharpest change came in the year to December 2019, when income rose by 1277%. Over the whole period it spent 132% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Fruit Bearing Ministries of Durham North Carolina sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within NC. Charities of a similar size with the same main cause include Gurudwara Guru Tegh Bhadur Sahib of Houston ($55k), Families of Nazareth Movement ($55k) and Irmandade Do Divino Espirito Santo Independente de Novato Cal ($55k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% of the total. At year end it held assets of $1.6m against liabilities of $71k, net assets of $1.6m.