Mosaic Christian Community Development Association

Analysis

Mosaic Christian Community Development Association is a registered charity in United States, based in Benton Harbor, MI. It received its IRS tax-exemption ruling in June 2010, 16 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 May 2023, Mosaic Christian Community Development Association reported income of $1.4m and spending of $908k, leaving 37% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $693k to $1.4m (+108%), an average of +20% a year. The sharpest change came in the year to May 2023, when income rose by 66%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mosaic Christian Community Development Association sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within MI. Charities of a similar size with the same main cause include Pilgrims Inn Inc ($1.4m), Fitness Fun & Games Inc ($1.4m) and Mayfield Graves County YMCA Inc ($1.4m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 54% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $149k (16% of expenses). Other salaries and wages came to $444k. At year end it held assets of $1.0m against liabilities of $152k, net assets of $883k. It reported 48 employees.