Oasis Inc

Analysis

Oasis Inc is a registered charity in United States, based in Santa Maria, CA. It received its IRS tax-exemption ruling in August 1985, 41 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 June 2023, Oasis Inc reported income of $931k and spending of $515k, leaving 45% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $439k to $931k (+112%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 105%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Oasis Inc 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 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Religious Coalition to Assist the Homeless ($931k), Shelter Home of the Foothills Inc ($931k) and Gift of Music Foundation Inc ($931k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 4.7% of the total. Other salaries and wages came to $227k. It paid $48k in professional fundraising fees. At year end it held assets of $1.8m against liabilities of $11k, net assets of $1.8m. It reported 7 employees.