Melchizedeks Treasure Ltd

Analysis

Melchizedeks Treasure Ltd is a registered charity in United States, based in Aquasco, MD. It received its IRS tax-exemption ruling in November 2002, 24 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, Melchizedeks Treasure Ltd reported income of $66k and spending of $66k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $83k to $66k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Melchizedeks Treasure Ltd sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within MD. Charities of a similar size with the same main cause include Phuoc Hue Temple ($66k), Crane Family Foundation ($66k) and Green Pastures Study Center Inc ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,032 against liabilities of $0, net assets of $1,032.