Cyberhive

Analysis

Cyberhive is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cyberhive reported income of $425k and spending of $435k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $673k to $425k (-37%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 24%. Over the whole period it spent 117% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cyberhive sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include American Water Works Association ($425k), P a C E Inc ($425k) and Casa Romero Renewal Center Inc ($425k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. At year end it held assets of $160k against liabilities of $647k, net assets of -$488k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.