Mosaic Apartment Services Inc

Analysis

Mosaic Apartment Services Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in June 1999, 27 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 September 2023, Mosaic Apartment Services Inc reported income of $103k and spending of $108k, spending 105% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $103k to $103k (-0.1%), an average of -0.1% a year. Over the whole period it spent 115% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mosaic Apartment Services Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 35th percentile within MN. Charities of a similar size with the same main cause include Oswego Play School ($103k), Su Misericordia ($103k) and Winners Club of Calhoun Inc ($103k).

On its Form 990-EZ for the period ending September 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $342k against liabilities of $19k, net assets of $323k.