Mosaic Illinois Housing at Rockfordi

Analysis

Mosaic Illinois Housing at Rockfordi is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Mosaic Illinois Housing at Rockfordi reported income of $59k and spending of $160k, spending 272% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $57k to $59k (+3.4%), an average of +0.8% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 248% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mosaic Illinois Housing at Rockfordi sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within NE. Charities of a similar size with the same main cause include Academy of Endoscopy Inc ($59k), Eating Recovery Center Foundation ($59k) and Peter Decker Childrens Charity Inc ($59k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.8% and program service revenue 89% of the total. At year end it held assets of $627k against liabilities of $626k, net assets of $1,787.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.