Sad Bee Inc

Analysis

Sad Bee Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Sad Bee Inc reported income of $103k and spending of $65k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $83k to $103k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 73% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Sad Bee Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within OH. Charities of a similar size with the same main cause include Climbing for Change Inc ($103k), Optimist Club Foundation of Clarkston Michigan ($103k) and Omega Espresso Bar ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 2.3% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.