Village at Oasis Park - Phase II Inc

Analysis

Village at Oasis Park - Phase II Inc is a registered charity in United States, based in Mesa, AZ. It received its IRS tax-exemption ruling in July 2011, 15 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Village at Oasis Park - Phase II Inc reported income of $137k and spending of $204k, spending 150% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $100k to $137k (+37%), an average of +8.2% a year. The sharpest change came in the year to September 2020, when income rose by 119%. Over the whole period it spent 133% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Village at Oasis Park - Phase II Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within AZ. Charities of a similar size with the same main cause include Belola Foundation ($136k), Landmark Court Inc ($137k) and Wofford Park Inc ($136k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $2.0m against liabilities of $98k, net assets of $1.9m.

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.