Mosaic of North Central Wisconsin Inc

Analysis

Mosaic of North Central Wisconsin Inc is a registered charity in United States, based in Wausau, WI. It received its IRS tax-exemption ruling in May 1951, 75 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 of North Central Wisconsin Inc reported income of $197k and spending of $173k, spending 88% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $98k to $197k (+101%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 101%. Over the whole period it spent 191% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mosaic of North Central Wisconsin Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within WI. Charities of a similar size with the same main cause include Ariah Foundation ($197k), NTR Foundation USA ($197k) and Family Promise of Augusta Inc ($197k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $52k (30% of expenses). Other salaries and wages came to $49k. At year end it held assets of $220k against liabilities of $10k, net assets of $210k. It reported 2 employees.