Eyeshine

Analysis

Eyeshine is a registered charity in United States, based in Goleta, CA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Eyeshine reported income of $230k and spending of $110k, leaving 52% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $51k to $230k (+349%), an average of +112% a year. The sharpest change came in the year to December 2023, when income rose by 128%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Eyeshine sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include New Creation Ministries Inc ($230k), Volunteers for Veterans Foundation ($230k) and Evergreen Life Services of Florida Inc ($230k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $58k (52% of expenses). At year end it held assets of $166k against liabilities of $1,543, net assets of $165k.