Oasis-Commission on Social Ministry of Portsmouth/Chesapeake

Analysis

Oasis-Commission on Social Ministry of Portsmouth/Chesapeake is a registered charity in United States, based in Portsmouth, VA. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover food, agriculture and nutrition, 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 2023, Oasis-Commission on Social Ministry of Portsmouth/Chesapeake reported income of $968k and spending of $1.1m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.1m to $968k (-9.8%), an average of -2.5% a year. The sharpest change came in the year to June 2020, when income dropped by 17%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Oasis-Commission on Social Ministry of Portsmouth/Chesapeake sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within VA. Charities of a similar size with the same main cause include Sharing Hands a Respite Experience Inc ($968k), Woods Edge Child Care Inc ($968k) and Chrysalis a Home for Girls Inc ($968k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $86k (8.1% of expenses). Other salaries and wages came to $143k. At year end it held assets of $1.7m against liabilities of $81k, net assets of $1.7m. It reported 11 employees.