Oyster South Company

Analysis

Oyster South Company is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in September 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Oyster South Company reported income of $253k and spending of $200k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $239k to $253k (+5.6%), an average of +5.6% a year. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Oyster South Company sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within GA. Charities of a similar size with the same main cause include Juglife Foundation Inc ($253k), The Partnership for Safe Families & Communities of Ventura County ($253k) and Inner City Youth Tennis Opportunities ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% and program service revenue 11% of the total. At year end it held assets of $127k against liabilities of $247, net assets of $126k.