Oasis NC

Analysis

Oasis NC is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 NC reported income of $1.2m and spending of $966k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $398k to $1.2m (+190%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Oasis NC sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within NC. Charities of a similar size with the same main cause include Khepera House Inc ($1.2m), Covington Fire & Rescue Inc ($1.2m) and Asian Pacific Partners for Empowerment Advocacy and Leadershp ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Other salaries and wages came to $563k. At year end it held assets of $683k against liabilities of $320k, net assets of $363k. It reported 14 employees.