Oasis Corporation

Analysis

Oasis Corporation is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in February 2005, 21 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 Corporation reported income of $647k and spending of $329k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $190k to $647k (+241%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 494%. Over the whole period it spent 47% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Oasis Corporation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within KS. Charities of a similar size with the same main cause include Boston Islamic Seminary ($647k), Sayaji U Ba Khin Vipassana Association of Southern California ($648k) and Del Camino Connection NFP ($647k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $30k (9.1% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 1 employees.