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Better Life Oasis Inc

RegisteredEIN 46-4323044Pembroke Pines, FLPoverty relief
Income$129k2022-12
Spending$113ksame year
Spent / received95%2-year average
Size in its cause39th pctPoverty relief
Exempt since2019Publicly supported organisat
Employees–latest return

Analysis

Better Life Oasis Inc is a registered charity in United States, based in Pembroke Pines, FL. It received its IRS tax-exemption ruling in August 2019, 7 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, Better Life Oasis Inc reported income of $129k and spending of $113k, spending 87% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $257k to $129k (-50%), an average of -50% a year. The sharpest change came in the year to December 2022, when income dropped by 50%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Better Life Oasis Inc sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include St Josephs Family Support ($129k), Jackson Hole Farmers Market ($129k) and Oregon Self Advocacy Coalition ($129k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.

Income and spending

$0$64k$128k$193k$257k2021 Income: $256,7782021 Spending: $254,19920212022 Income: $129,1942022 Spending: $112,7962022
IncomeSpending

Where the income comes from

  • Contributions & grants 0.8%
  • Program services 99%

Similar-sized charities, same cause

CharityLocationIncome
St Josephs Family SupportTroy$129k
Jackson Hole Farmers MarketJackson$129k
Oregon Self Advocacy CoalitionNewberg$129k
Interfaith Mission Center IncRichmond$129k