Mosaic International Ministries

Analysis

Mosaic International Ministries is a registered charity in United States, based in Colorado Springs, CO. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Mosaic International Ministries reported income of $190k and spending of $241k, spending 126% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $171k to $190k (+11%), an average of +5.4% a year. The sharpest change came in the year to December 2022, when income rose by 49%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mosaic International Ministries sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 49th percentile within CO. Charities of a similar size with the same main cause include Prophecy Depot Ministries ($190k), People Loving People Incorporated ($190k) and Shalam Ministries Ltd ($190k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $36k (15% of expenses). At year end it held assets of $30k against liabilities of $2,000, net assets of $28k. It reported 1 employees.