Mozaic

Analysis

Mozaic is a registered charity in United States, based in Sterling, VA. It received its IRS tax-exemption ruling in April 2016, 10 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 October 2023, Mozaic reported income of $528k and spending of $501k, spending 95% of its income. Across the 4 years on record, from October 2020 to October 2023, income grew from $221k to $528k (+140%), an average of +34% a year. The sharpest change came in the year to October 2022, when income rose by 59%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mozaic sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within VA. Charities of a similar size with the same main cause include Denver Tool Library ($528k), Chair the Love Inc ($528k) and Gerald Huff Fund for Humanity ($528k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $67k (13% of expenses). Other salaries and wages came to $20k. At year end it held assets of $784k against liabilities of $598k, net assets of $186k. It reported 2 employees.