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Oasis Ministries Inc

RegisteredEIN 38-2275474Fairview, MIReligion
Income$53k2023-12
Spending$39ksame year
Spent / received99%2-year average
Size in its cause22nd pctReligion
Exempt since1982Publicly supported organisat
Employees–latest return

Analysis

Oasis Ministries Inc is a registered charity in United States, based in Fairview, MI. It received its IRS tax-exemption ruling in April 1982, 44 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 Inc reported income of $53k and spending of $39k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $32k to $53k (+67%), an average of +67% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Oasis Ministries Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within MI. Charities of a similar size with the same main cause include Couples for Christ-North Carolina ($53k), True Faith Christian Center Inc ($53k) and Power of Gospel Ministries ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.7% of the total. At year end it held assets of $68k against liabilities of $6,061, net assets of $62k.

Income and spending

$0$13k$26k$39k$53k2022 Income: $31,5422022 Spending: $43,54320222023 Income: $52,5602023 Spending: $39,3432023
IncomeSpending

Where the income comes from

  • Contributions & grants 6.7%
  • Other 93%

Similar-sized charities, same cause

CharityLocationIncome
Couples for Christ-North CarolinaCary$53k
True Faith Christian Center IncNashville$53k
Power of Gospel MinistriesCampbell$53k
Missions IncHouston$53k