Oasis United Inc

Analysis

Oasis United Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Oasis United Inc reported income of $128k and spending of $196k, spending 153% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $126k to $128k (+1.0%), an average of +0.3% a year. The sharpest change came in the year to December 2021, when income rose by 868%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oasis United Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Yoemem Tekia Foundation ($128k), Clearfield Arts Studio Theater Inc ($128k) and Alkemie Early Music Ensemble Inc ($128k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.