Beehive Educational Services

Analysis

Beehive Educational Services is a registered charity in United States, based in Sandy, UT. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Beehive Educational Services reported income of $9.8m and spending of $8.9m, spending 90% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.8m to $9.8m (+245%), an average of +28% a year. The sharpest change came in the year to June 2023, when income rose by 99%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Beehive Educational Services sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within UT. Charities of a similar size with the same main cause include Horizon Science Academy Youngstown Inc ($9.8m), Mid-Hudson Valley Early Education Center ($9.8m) and Georgia Charter Educational Foundation Inc ($9.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $147k (1.7% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $30.8m against liabilities of $28.5m, net assets of $2.3m. It reported 108 employees.