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Oasis Institute

RegisteredEIN 30-0403895LA Mesa, CAPoverty relief
Income$2.5m2023-12
Spending$4.1msame year
Spent / received102%5-year average
Size in its cause85th pctPoverty relief
Exempt since2021Publicly supported organisat
Employees16latest return

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

$0$1.0m$2.1m$3.1m$4.1m2019 Income: $1,348,4032019 Spending: $1,384,82720192020 Income: $1,443,6752020 Spending: $1,328,63420202021 Income: $2,813,1572021 Spending: $1,785,06020212022 Income: $2,541,7292022 Spending: $2,148,74820222023 Income: $2,457,9642023 Spending: $4,148,0812023
IncomeSpending

Where the income comes from

  • Contributions & grants 71%
  • Program services 24%
  • Other 5.6%

Similar-sized charities, same cause

CharityLocationIncome
Love and Hope in Action IncPort Salerno$2.5m
Pioneer House Assisted Living IncEdina$2.5m
Moms House IncToledo$2.5m
Pathways Next Step IncCoral Springs$2.5m