The Oasis Institute
Analysis
The Oasis Institute is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in September 2001, 25 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 December 2022, The Oasis Institute reported income of $6.7m and spending of $7.5m, spending 112% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $3.0m to $6.7m (+127%), an average of +31% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 109% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Oasis Institute sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MO. Charities of a similar size with the same main cause include Second Helpings ($6.7m), Corvilla Inc ($6.7m) and Centering Healthcare Institute Inc ($6.7m).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 94% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $312k (4.2% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $2.2m against liabilities of $2.5m, net assets of -$341k. It reported 40 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 94%
- Program services 1.7%
- Other 4.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Second Helpings | Hilton Head | $6.7m |
| Corvilla Inc | South Bend | $6.7m |
| Centering Healthcare Institute Inc | Boston | $6.7m |
| Wyoming Stock Growers Land TR | Cheyenne | $6.7m |