Lincoln Heights Oasis Community Development Corporation

Analysis

Lincoln Heights Oasis Community Development Corporation is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Lincoln Heights Oasis Community Development Corporation reported income of $66k and spending of $2,671, leaving 96% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $44k to $66k (+50%), an average of +15% a year. The sharpest change came in the year to December 2021, when income dropped by 100%. Over the whole period it spent 20% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lincoln Heights Oasis Community Development Corporation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 26th percentile within OH. Charities of a similar size with the same main cause include Junior League of Wilmington N C Inc ($66k), Rotary Club of Spencer Iowa ($66k) and Fund Community Institute ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $120k against liabilities of $90, net assets of $120k.