Mosaic Health

Analysis

Mosaic Health is a registered charity in United States, based in Granite City, IL. It received its IRS tax-exemption ruling in March 1988, 38 years ago. Its declared purposes cover health care, 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 Health reported income of $1.0m and spending of $927k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $703k to $1.0m (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 77% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mosaic Health sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within IL. Charities of a similar size with the same main cause include Pathfinders Inc ($1.0m), Serenity and Wellness Clinic ($1.0m) and Oklahoma Halfway House Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $101k (11% of expenses). Other salaries and wages came to $421k. At year end it held assets of $1.6m against liabilities of $379k, net assets of $1.2m. It reported 14 employees.