Bee Foundation

Analysis

Bee Foundation is a registered charity in United States, based in Wayne, PA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Bee Foundation reported income of $594k and spending of $436k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $158k to $594k (+275%), an average of +39% a year. The sharpest change came in the year to December 2021, when income rose by 251%. Over the whole period it spent 62% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bee Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within PA. Charities of a similar size with the same main cause include Alzheimers Disease Resourcecenter Inc ($594k), Epilepsy Society of San Diego County ($594k) and Crisis Pregnancy Center of ($594k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. Compensation of current officers, directors and key employees was $51k (12% of expenses). At year end it held assets of $947k against liabilities of $49k, net assets of $898k. It reported 3 employees.