Mosaic Recovery Center Inc

Analysis

Mosaic Recovery Center Inc is a registered charity in United States, based in Pelham, TN. It received its IRS tax-exemption ruling in September 2021, 5 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, Mosaic Recovery Center Inc reported income of $365k and spending of $369k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $456k to $365k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mosaic Recovery Center Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within TN. Charities of a similar size with the same main cause include Rita Foundation Jax Inc ($365k), His Kids ($365k) and Turning Point of Franklin County Inc ($365k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $95k (26% of expenses). Other salaries and wages came to $66k. At year end it held assets of $480k against liabilities of $338k, net assets of $142k. It reported 7 employees.