Greater Oasis Christian Academy Inc

Analysis

Greater Oasis Christian Academy Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Greater Oasis Christian Academy Inc reported income of $1.6m and spending of $1.9m, spending 114% of what it took in. Across the 3 years on record, from December 2019 to December 2022, income grew from $942k to $1.6m (+73%), an average of +32% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Greater Oasis Christian Academy Inc 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 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Blueprint for Change Inc ($1.6m), Facility Guidelines Institute Inc ($1.6m) and Collaboration for Early Childhood Care and Education ($1.6m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $19k (1.0% of expenses). Other salaries and wages came to $767k. At year end it held assets of $417k against liabilities of $500k, net assets of -$83k.