Oasis Institute
Analysis
Oasis Institute is a registered charity in United States, based in LA Mesa, CA. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Institute reported income of $2.5m and spending of $4.1m, spending 169% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.5m (+82%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 95%. Over the whole period it spent 102% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Oasis Institute sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Love and Hope in Action Inc ($2.5m), Pioneer House Assisted Living Inc ($2.5m) and Moms House Inc ($2.5m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $279k (6.7% of expenses). Other salaries and wages came to $644k. At year end it held assets of $1.4m against liabilities of $1.0m, net assets of $370k. It reported 16 employees.
Income and spending
Where the income comes from
- Contributions & grants 71%
- Program services 24%
- Other 5.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Love and Hope in Action Inc | Port Salerno | $2.5m |
| Pioneer House Assisted Living Inc | Edina | $2.5m |
| Moms House Inc | Toledo | $2.5m |
| Pathways Next Step Inc | Coral Springs | $2.5m |