Oasis Middle School Inc
Analysis
Oasis Middle School Inc is a registered charity in United States, based in Bradenton, FL. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Oasis Middle School Inc reported income of $619k and spending of $965k, spending 156% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.0m to $619k (-41%), an average of -12% a year. The sharpest change came in the year to June 2022, when income dropped by 35%. Over the whole period it spent 95% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Oasis Middle School Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include I2 Learning Foundation Inc ($619k), St Marys Early Learning Academy ($619k) and Academy of Goal Achievers Inc ($619k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $494k. At year end it held assets of $2.3m against liabilities of $1.6m, net assets of $714k. It reported 20 employees.
Income and spending
Where the income comes from
- Contributions & grants 12%
- Program services 88%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| I2 Learning Foundation Inc | Brewster | $619k |
| St Marys Early Learning Academy | Pine City | $619k |
| Academy of Goal Achievers Inc | Charlotte | $619k |
| Warren-Forest Higher Education Council Inc | Warren | $619k |