Mosaic Counseling

Analysis

Mosaic Counseling is a registered charity in United States, based in Grand Haven, MI. It received its IRS tax-exemption ruling in July 1978, 48 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mosaic Counseling reported income of $1.4m and spending of $1.1m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $757k to $1.4m (+85%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mosaic Counseling sits at the 81st percentile: it is larger than about 81% 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 Racine County Agricultural Society Inc ($1.4m), Deepwood Industries Inc ($1.4m) and Hillel the Foundation for Jewish Campus Life ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $113k (10% of expenses). Other salaries and wages came to $395k. At year end it held assets of $1.7m against liabilities of $87k, net assets of $1.6m. It reported 10 employees.