Mosaic Educational and Arts Program

Analysis

Mosaic Educational and Arts Program is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Educational and Arts Program reported income of $105k and spending of $147k, spending 140% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $180k to $105k (-41%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Mosaic Educational and Arts Program sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 44th percentile within SC. Charities of a similar size with the same main cause include Future Farmers of America ($105k), Camp Fire ($105k) and Satori Soccer ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 26% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.