Pre-heat oven to 400 degrees and lightly spray a small baking dish with cooking spray.
In a medium bowl, mix together cream cheese, ricotta cheese, parmesan cheese, garlic powder, oregano, salt, and pepper. Crumble 3 strips of the bacon and fold it into the mixture.
Spread cream cheese mixture into the bottom of the prepared baking dish and sprinkle mozzarella cheese over the top.
Bake for 15 minutes and then turn oven to broil and broil for 2 minutes, or until top is bubbling and golden.
Crumble remaining slice of bacon and crumble over the top, along with the chopped basil.
Serve pizza dip with tortilla chips, crackers, or crostini.