Mosaics of Mercy Inc

Analysis

Mosaics of Mercy Inc is a registered charity in United States, based in Magnolia, TX. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Mosaics of Mercy Inc reported income of $847k and spending of $740k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $810k to $847k (+4.5%), an average of +4.5% a year. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mosaics of Mercy Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Healthcare Alternatives ($847k), B Y E Ambulance Inc ($847k) and Locks of Love Inc ($846k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $97k (13% of expenses). At year end it held assets of $587k against liabilities of $136k, net assets of $450k. It reported 16 employees.