Mosaic Health Center Inc

Analysis

Mosaic Health Center Inc is a registered charity in United States, based in Clarkston, GA. It received its IRS tax-exemption ruling in April 2021, 5 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 (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 Health Center Inc reported income of $1.3m and spending of $786k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $755k to $1.3m (+66%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 131%. Over the whole period it spent 34% 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 Center Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within GA. Charities of a similar size with the same main cause include Baton Rouge Regional Eye Bank Inc ($1.3m), Global Strategies ($1.3m) and Opportunity in Living Residential Services Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $133k (17% of expenses). Other salaries and wages came to $264k. At year end it held assets of $3.4m against liabilities of $3,440, net assets of $3.4m. It reported 15 employees.