Mosaic Housing Corp Xix - Winfield

Analysis

Mosaic Housing Corp Xix - Winfield is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Mosaic Housing Corp Xix - Winfield reported income of $58k and spending of $111k, spending 192% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $53k to $58k (+10%), an average of +3.3% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 195% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mosaic Housing Corp Xix - Winfield sits at the 13th percentile: it is larger than about 13% 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 Revitalization Effort Toward New Urbanism ($58k), Kingdom Builders of Cny Inc ($58k) and Community Services Second Housing Corporation ($58k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 65% of the total. At year end it held assets of $822k against liabilities of $54k, net assets of $768k.

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.