Oasis Central Minnesota Inc

Analysis

Oasis Central Minnesota Inc is a registered charity in United States, based in Little Falls, MN. It received its IRS tax-exemption ruling in December 1990, 36 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Oasis Central Minnesota Inc reported income of $492k and spending of $506k, spending 103% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $287k to $492k (+72%), an average of +31% a year. The sharpest change came in the year to June 2024, when income rose by 107%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Oasis Central Minnesota Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within MN. Charities of a similar size with the same main cause include Small Cell Ovarian Cancer Foundation Inc ($492k), Phit World Foundation Inc ($492k) and Little Samaritans Child Development Center Inc ($492k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $46k (9.1% of expenses). Other salaries and wages came to $133k. At year end it held assets of $120k against liabilities of $0, net assets of $120k. It reported 4 employees.