Mosaic Housing Corp II

Analysis

Mosaic Housing Corp II is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Mosaic Housing Corp II reported income of $109k and spending of $144k, spending 132% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $160k to $109k (-32%), an average of -32% a year. The sharpest change came in the year to June 2023, when income dropped by 32%. Over the whole period it spent 106% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mosaic Housing Corp II sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NE. Charities of a similar size with the same main cause include Hearts and Hammers Inc ($109k), Oak Manor Associates ($109k) and Mojave Cedar Supportive Housing Inc ($109k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 69% of the total. At year end it held assets of $217k against liabilities of $70k, net assets of $147k.