Eye of A Needle Foundation is a 501(c)(3) organization based in San Diego, California, registered in 2012, with $85,189 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$85K
▼ 36.0% vs prior year
Housing median: $408K
Expenses (FY2024)
$88K
Net assets
$426
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Eye of A Needle Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Eye of A Needle Foundation: 0 mo reserves · -4% margin earns a C on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Eye of A Needle Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Eye of A Needle Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $42K (FY2013) to $85K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-3.8%
Spent more than it raised in the latest fiscal year.
Total assets
$23K
Total liabilities
$22K
Net assets
$426
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $85,189▼36.0% | $88,388▼40.7% | $426▼88.2% | $22,849▼9.6% | 990EZ |
| 2023 | $133,166▼48.9% | $148,985▼47.0% | $3,625▼81.4% | $25,274▼31.6% | 990 |
| 2022 | $260,678▲52.5% | $281,335▲39.9% | $19,444▼51.5% | $36,931▼42.7% | 990 |
| 2021 | $170,895▼18.3% | $201,060▲12.9% | $40,101▼42.9% | $64,463▼26.2% | 990 |
| 2020 | $209,197▲18.9% | $178,010▲11.9% | $70,266▲79.8% | $87,327▲91.6% | 990 |
| 2019 | $175,911▼42.2% | $159,122▼51.1% | $39,079▲75.3% | $45,586▲65.0% | 990 |
| 2018 | $304,185▼50.9% | $325,579▼44.5% | $22,290▼49.0% | $27,629▼41.7% | 990 |
| 2017 | $619,366▲23.7% | $586,936▲16.9% | $43,684▲288% | $47,401▲200% | 990 |
| 2016 | $500,834▲154% | $501,999▲136% | $11,254▼9.4% | $15,777▼8.2% | 990 |
| 2015 | $197,537▲196% | $212,997▲369% | $12,419▼55.5% | $17,181▼40.5% | 990 |
| 2014 | $66,821▲59.0% | $45,371▲22.5% | $27,879▲334% | $28,872▲331% | 990 |
| 2013 | $42,038 | $37,045▲230% | $6,429▲348% | $6,705▲367% | 990 |
| 2012 | — | $11,213 | $1,436 | $1,436 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
5 grants to Eye of A Needle Foundation totaling $281K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Servant Foundation | Community development | 2023 | $95,000 |
| Servant Foundation | Community development | 2022 | $85,300 |
| Servant Foundation | Community development | 2021 | $81,000 |
| Servant Foundation | Community development | 2020 | $10,000 |
| Servant Foundation | Community development | 2020 | $10,000 |
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Data for Eye of A Needle Foundation (EIN 27-5101748) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.