Mosaic Community Development Center Inc

Analysis

Mosaic Community Development Center Inc is a registered charity in United States, based in Jeannette, PA. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Community Development Center Inc reported income of $132k and spending of $114k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $132k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mosaic Community Development Center Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within PA. Charities of a similar size with the same main cause include Northern Lighter Pyrotechnics Inc ($132k), Chinese School of San Diego ($132k) and Society for Muscle Biology Inc ($132k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.