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Oasis Therapeutic Foster Care Network Inc

RegisteredEIN 31-1707235Albany, OHPoverty relief
Income$2.0m2023-06
Spending$1.9msame year
Spent / received97%5-year average
Size in its cause83rd pctPoverty relief
Exempt since2000Publicly supported organisat
Employees29latest return

Analysis

Oasis Therapeutic Foster Care Network Inc is a registered charity in United States, based in Albany, OH. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Oasis Therapeutic Foster Care Network Inc reported income of $2.0m and spending of $1.9m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.2m to $2.0m (-12%), an average of -3.1% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Oasis Therapeutic Foster Care Network Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within OH. Charities of a similar size with the same main cause include A House on Beekman Inc ($2.0m), Helpusadopt Org Inc ($2.0m) and Trels Home for Children ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $572k. At year end it held assets of $482k against liabilities of $0, net assets of $482k. It reported 29 employees.

Income and spending

$0$573k$1.1m$1.7m$2.3m2019 Income: $2,217,9162019 Spending: $2,291,55220192020 Income: $2,224,9452020 Spending: $2,173,04020202021 Income: $1,846,5912021 Spending: $1,841,90720212022 Income: $2,190,3512022 Spending: $1,948,70020222023 Income: $1,953,9212023 Spending: $1,904,6672023
IncomeSpending

Where the income comes from

  • Program services 100%

Similar-sized charities, same cause

CharityLocationIncome
A House on Beekman IncBronx$2.0m
Helpusadopt Org IncNew York$2.0m
Trels Home for ChildrenConroe$2.0m
Educate Advancing Early Childhood Education Parenting and LiteracyLong Beach$2.0m