Islamic Oasis Center Co
EIN: 263531888 · Chicago, IL · NTEE: X40
| Metric | Value |
|---|---|
| Total Revenue | $4.8M |
| Total Expenses | $4.0M |
| Net Assets | $5.7M |
Is Islamic Oasis Center Co Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Islamic Oasis Center Co
Islamic Oasis Center Co (EIN: 263531888) is a nonprofit organization based in Chicago, IL, classified under NTEE code X40. The organization reported total revenue of $4.8M and total assets of $6.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Islamic Oasis Center Co's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Islamic Oasis Center Co is a mid-size nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 48.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.0M |
| Total Expenses | $4.0M |
| Surplus / Deficit | +$2.0M |
| Total Assets | $5.7M |
| Net Assets | $5.7M |
| Operating Margin | 33.8% |
| Months of Reserves | 17.2 months |
Financial Health Grade: A
In 2023, Islamic Oasis Center Co reported a surplus of $2.0M with revenue exceeding expenses, holds 17.2 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2014–2023), Islamic Oasis Center Co's revenue has grown at a compound annual growth rate (CAGR) of 48.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.2% | -5.1% | +55.3% |
| 2022 | +22.9% | +47.2% | +43.6% |
| 2021 | +240.9% | +259.0% | +136.0% |
| 2020 | +39.8% | +47.1% | +77.8% |
| 2019 | +51.9% | +10.3% | +152.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Islamic Oasis Center Co has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Islamic Oasis Center Co with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.0M, with revenue exceeding expenses.
Frequently Asked Questions about Islamic Oasis Center Co
Is Islamic Oasis Center Co a legitimate charity?
Based on AI analysis of IRS 990 filings, Islamic Oasis Center Co (EIN: 263531888) insufficient data. 0 red flags identified, 0 strengths noted.
How does Islamic Oasis Center Co spend its money?
Detailed spending breakdown data is not yet available for Islamic Oasis Center Co. Check back for updated IRS 990 analysis.
Are donations to Islamic Oasis Center Co tax-deductible?
Islamic Oasis Center Co is registered as a tax-exempt nonprofit (EIN: 263531888). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Islamic Oasis Center Co located?
Islamic Oasis Center Co is headquartered in Chicago, Illinois and files with the IRS under EIN 263531888. It is classified under NTEE code X40.
How many years of IRS 990 filings does Islamic Oasis Center Co have?
Islamic Oasis Center Co has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.8M in total revenue.
Filing History
IRS 990 filing history for Islamic Oasis Center Co showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Islamic Oasis Center Co's revenue has grown by 3430.5%, moving from $171K to $6.0M. Total assets increased by 31481.4% over the same period, from $18K to $5.7M. Total functional expenses rose by 2515.9%, from $153K to $4.0M. In its most recent filing year (2023), Islamic Oasis Center Co reported a surplus of $2.0M, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.0M | $4.0M | $5.7M | $0 | — | — |
| 2022 | $5.3M | $4.2M | $3.7M | $0 | — | View 990 |
| 2021 | $4.3M | $2.9M | $2.6M | $0 | — | View 990 |
| 2020 | $1.3M | $797K | $1.1M | $0 | — | View 990 |
| 2019 | $911K | $542K | $612K | $0 | — | View 990 |
| 2018 | $600K | $492K | $243K | $0 | — | View 990 |
| 2017 | $625K | $564K | $134K | $0 | — | — |
| 2016 | $327K | $283K | $73K | $0 | — | View 990 |
| 2015 | $243K | $213K | $30K | $0 | — | View 990 |
| 2014 | $171K | $153K | $18K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.0M, expenses of $4.0M, and assets of $5.7M (revenue +13.2% year-over-year).
- 2022: Revenue of $5.3M, expenses of $4.2M, and assets of $3.7M (revenue +22.9% year-over-year).
- 2021: Revenue of $4.3M, expenses of $2.9M, and assets of $2.6M (revenue +240.9% year-over-year).
- 2020: Revenue of $1.3M, expenses of $797K, and assets of $1.1M (revenue +39.8% year-over-year).
- 2019: Revenue of $911K, expenses of $542K, and assets of $612K (revenue +51.9% year-over-year).
- 2018: Revenue of $600K, expenses of $492K, and assets of $243K (revenue -4.0% year-over-year).
- 2017: Revenue of $625K, expenses of $564K, and assets of $134K (revenue +91.1% year-over-year).
- 2016: Revenue of $327K, expenses of $283K, and assets of $73K (revenue +34.7% year-over-year).
- 2015: Revenue of $243K, expenses of $213K, and assets of $30K (revenue +41.8% year-over-year).
- 2014: Revenue of $171K, expenses of $153K, and assets of $18K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Islamic Oasis Center Co:
Data Sources and Methodology
This transparency report for Islamic Oasis Center Co is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.