Oasis of Hope Foundation

Analysis

Oasis of Hope Foundation is a registered charity in United States, based in Winter Park, FL. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Oasis of Hope Foundation reported income of $112k and spending of $112k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $145k to $112k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Oasis of Hope Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 44th percentile within FL. Charities of a similar size with the same main cause include Kerrkonnect ($112k), Jefferson County Christmas Neighbors Inc ($112k) and Community Meal Center ($112k).

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 $1 against liabilities of $0, net assets of $1.