Oasis Academy

Analysis

Oasis Academy is a registered charity in United States, based in Fallon, NV. It received its IRS tax-exemption ruling in July 2019, 7 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 Academy reported income of $7.9m and spending of $7.7m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $7.9m (+216%), an average of +33% a year. The sharpest change came in the year to June 2020, when income rose by 141%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oasis Academy sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within NV. Charities of a similar size with the same main cause include Community Charter Academy Inc ($7.9m), United States Coast Guard Academy Alumni Association Inc ($7.9m) and Seattle Area Plumbing & Pipefitting Industry Training Trust ($7.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.0% of the total. Other salaries and wages came to $3.9m. At year end it held assets of $15.8m against liabilities of $13.9m, net assets of $2.0m.