Metropolitan Oasis Community Development Center
Analysis
Metropolitan Oasis Community Development Center is a registered charity in United States, based in Merrillville, IN. It received its IRS tax-exemption ruling in March 2018, 8 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 December 2019, Metropolitan Oasis Community Development Center reported income of $818k and spending of $840k, spending 103% of its income. Across the 2 years on record, from December 2018 to December 2019, income fell from $1.1m to $818k (-22%), an average of -22% a year. The sharpest change came in the year to December 2019, when income dropped by 22%. Over the whole period it spent 101% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Metropolitan Oasis Community Development Center sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within IN. Charities of a similar size with the same main cause include Hope Smiles ($818k), Open Cupboard Food Pantry Inc ($818k) and Judge Ben Gordon Jr Family Visitation Center ($818k).
On its Form 990 for the period ending December 2019, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $14k (1.7% of expenses). Other salaries and wages came to $106k. At year end it held assets of $91k against liabilities of $387k, net assets of -$297k. It reported 7 employees.
Income and spending
Where the income comes from
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hope Smiles | Brentwood | $818k |
| Open Cupboard Food Pantry Inc | Clinton | $818k |
| Judge Ben Gordon Jr Family Visitation Center | Ft Walton BCH | $818k |
| Building Families | Clarion | $818k |