Men of Melchizedek Inc

Analysis

Men of Melchizedek Inc is a registered charity in United States, based in Imlay City, MI. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Men of Melchizedek Inc reported income of $559k and spending of $556k, spending 99% of its income. Across the 5 years on record, from December 2019 to September 2023, income grew from $259k to $559k (+116%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 66%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Men of Melchizedek Inc sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MI. Charities of a similar size with the same main cause include Hopeland ($559k), Rose Hill Community Center ($559k) and No-Till on the Plains Inc ($559k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $137k (25% of expenses). Other salaries and wages came to $17k. At year end it held assets of $42k against liabilities of $5,716, net assets of $36k. It reported 2 employees.