Mosaic Project

Analysis

Mosaic Project is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in August 2000, 26 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 December 2023, Mosaic Project reported income of $1.3m and spending of $1.3m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.3m (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mosaic Project sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Siatech Mycroschool Inc ($1.3m), Delaware Valley School for Exceptional Children ($1.3m) and Texas State University System Foundation Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $164k (13% of expenses). Other salaries and wages came to $449k. At year end it held assets of $2.9m against liabilities of $153k, net assets of $2.7m. It reported 38 employees.