The Oasis Initiative Foundation

Analysis

The Oasis Initiative Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, The Oasis Initiative Foundation reported income of $1.5m and spending of $1.5m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $404k to $1.5m (+262%), an average of +38% a year. The sharpest change came in the year to December 2020, when income rose by 91%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Oasis Initiative Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within IL. Charities of a similar size with the same main cause include Sai Datta Mandir Inc ($1.5m), Discover the Book Ministries Inc ($1.5m) and Christian Recovery Center ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Other salaries and wages came to $158k. At year end it held assets of $697k against liabilities of $25k, net assets of $672k. It reported 1 employees.