Oasis Ministries

Analysis

Oasis Ministries is a registered charity in United States, based in Westerville, OH. It received its IRS tax-exemption ruling in August 2007, 19 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, Oasis Ministries reported income of $840k and spending of $147k, leaving 83% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $446k to $840k (+88%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 111%. Over the whole period it spent 20% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Oasis Ministries sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within OH. Charities of a similar size with the same main cause include CBM Ministries ($840k), Bma Tenpoint Inc ($840k) and Catholic Broadcasting Northwest Inc ($840k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $3.8m against liabilities of $102k, net assets of $3.7m.