Oasis Life Network

Analysis

Oasis Life Network is a registered charity in United States, based in Falls Church, VA. It received its IRS tax-exemption ruling in October 2017, 9 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 Life Network reported income of $72k and spending of $119k, spending 165% of what it took in. Across the 3 years on record, from June 2019 to June 2023, income fell from $122k to $72k (-41%), an average of -23% a year. The sharpest change came in the year to June 2023, when income dropped by 58%. 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 Life Network sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 28th percentile within VA. Charities of a similar size with the same main cause include Community Care Resource Council ($72k), The Dragonfly Project ($72k) and Bakersfield Firefighters Burn Foundation ($72k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $95k against liabilities of $0, net assets of $95k.