Oasis Ministry

Analysis

Oasis Ministry is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Ministry reported income of $263k and spending of $286k, spending 109% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $320k to $263k (-18%), an average of -6.3% a year. The sharpest change came in the year to December 2021, when income dropped by 30%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Oasis Ministry sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NC. Charities of a similar size with the same main cause include Lot Project Inc ($263k), Ldi Foundation Inc ($263k) and Shri Pushti Parivar of USA Inc ($263k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $22k (7.7% of expenses). Other salaries and wages came to $36k. At year end it held assets of $132k against liabilities of $24k, net assets of $108k. It reported 1 employees.