The Coffee Oasis

Analysis

The Coffee Oasis is a registered charity in United States, based in Bremerton, WA. It received its IRS tax-exemption ruling in April 1997, 29 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 December 2023, The Coffee Oasis reported income of $4.7m and spending of $4.6m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $4.7m (+49%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 38%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Coffee Oasis sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within WA. Charities of a similar size with the same main cause include Young Mens Christian Association YMCA Camp Coniston Inc ($4.7m), New Way Homes Inc ($4.7m) and Mothers Milk Bank at Austin ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. Compensation of current officers, directors and key employees was $91k (2.0% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $6.1m against liabilities of $157k, net assets of $5.9m. It reported 135 employees.