Oasis for Youth

Analysis

Oasis for Youth is a registered charity in United States, based in Bloomington, MN. It received its IRS tax-exemption ruling in February 2012, 14 years ago. 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 for Youth reported income of $1.2m and spending of $1.1m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $912k to $1.2m (+30%), an average of +6.9% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oasis for Youth sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MN. Charities of a similar size with the same main cause include Progress Center for Independent Living ($1.2m), Washington County Life Saving Crew Incorporated ($1.2m) and Fredrica Volunteer Fire Company ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $101k (8.9% of expenses). Other salaries and wages came to $569k. At year end it held assets of $1.2m against liabilities of $73k, net assets of $1.1m. It reported 16 employees.