Oasis Outreach Opportunity Inc

Analysis

Oasis Outreach Opportunity Inc is a registered charity in United States, based in Fairlawn, OH. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Oasis Outreach Opportunity Inc reported income of $439k and spending of $473k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $322k to $439k (+36%), an average of +8.1% a year. The sharpest change came in the year to December 2022, when income rose by 59%. Over the whole period it spent 115% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Oasis Outreach Opportunity Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within OH. Charities of a similar size with the same main cause include Still Waters International Ministry ($439k), Zoe Childrens Tribe Ministries ($439k) and Hearts for Eternity Inc ($438k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $234k (49% of expenses). At year end it held assets of $585k against liabilities of $24k, net assets of $561k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.