Cong Square Mosdos Inc

Analysis

Cong Square Mosdos Inc is a registered charity in United States, based in Spring Valley, NY. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Cong Square Mosdos Inc reported income of $128k and spending of $107k, spending 84% of its income. Across the 3 years on record, from October 2021 to October 2023, income fell from $481k to $128k (-73%), an average of -48% a year. The sharpest change came in the year to October 2023, when income dropped by 73%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cong Square Mosdos Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Worthy Johnson Scholarship Trust Inc ($128k), Alpha Phi Alpha Geh Scholarship Endowment ($128k) and Artplace Mississippi Inc ($128k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 90% and program service revenue 10% of the total. At year end it held assets of $155k against liabilities of $247k, net assets of -$91k.